Nikkei expanded the correction pattern.

FX:JPN225   Nikkei 225 Index
671 0 4
Nikkei was under huge pressure today. Regardless the reason behind the move, I identify it as the 4th wave correction(Purple). I expect the price action of this 4th wave to be confined by the black pitchfork . It could possibly spike lower and test May 2007 high at 18306. I think buy dip into that area and sell the first rally into the medium line is good play here.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out