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icheeezy
Oct 9, 2015 8:23 AM

Short after resistance trendline bounce Short

Nikkei 225 index of Japanese listed sharesFXCM

Description

Downtrend resistance trend line led to rejection. Now it seems like a H&S pattern may be forming. I am short cautious with the 18000 level as it could act as support if it is broken we are going lower.
Comments
icheeezy
We are geting closer to the neckline. Market is very bearish today, im holding short think we could target the low from end of october at around 17000 by end of week.
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