justatrader

Nikkei Looking weak to the upside

justatrader Updated   
FX:JPN225   Nikkei 225 Index
9
JPN225 Expecting a correction to 18656/18700 region. Weekly chart shows strong reversal after a doji, daily chart.
Watch the minor support at 19380/19265
Trade active:
Trade in play and stops should be moved to Break Even
Trade active:
Exiting partially on price closing below 19265. Expecting a bounce back to the previous low at 19460 - 19465 region to initiate new shorts. Remaining trade is now at BE.
Trade active:
Expected support/resistance levels
Trade closed: target reached:
Target reached. Buying the dips to the 19470 level can help in putting some more $$'s in the pocket.

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