Mizuki32

Nikkei: turning point to bullish reversal?

Long
FX:JPN225   Nikkei 225 Index
356 views
4
Nikkei is still in corrections since 2/2016. Bullish reversal soon.
Turning point can be estimated from the concept of Taitou-Suchi (a part of Ichimoku's time theory).
Confluence of two time cycles imply the bullish reversal will come soon.
Upcoming price action can be three or five waves upmove by wave (C).
The wave {X} is a flat or triangle pattern , I suppose.
The price range from 14500 to 15000 is buy zone.
The target price is around 17500.

Take care and safe trades!