FX:JPN225Nikkei 225 index of Japanese listed shares
Price is supported by levels around 16500 and is currently oscillating within a triangle. If a break is coming, it could reach 17800 levels we had back in Feb, or . We use the first oscillation height as the basis projection for the price.
Price is sliding against the triangle edge, no clear signal yet. It would be wise to combine that with Ichimoku to avoid false signals.
Pattern was respected, will it reach the 16000 level ? There is a high probability.