SKACAPITAL
Long

JPN225 Monthly chart SKACAPITAL

FX:JPN225   Nikkei 225 index of Japanese listed shares
This trade would be a perfect options trade (not binary) price can reach 2400 level. Looks like the 5th impulse wave is in play with price breaching and retesting the downward trend line at 61.8%. If price does reach 2400 we can then expect a corrective wave structure to downside of 1500. However, this would be re analysed. If price breaks below 1800 we can see further bearish downside movement to 1500.
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