Here are the possible alternative subsequent movements of the Nikkei index.
It is assumed that the index formed a five-wave structure from the beginning to the middle of April, followed by a corrective three-wave structure. And currently we have a zigzag downward movement. In this regard, it can be assumed that most likely we will see either a ending diagonal triangle or a horizontal triangle with a final downward movement following.
It is assumed that the index formed a five-wave structure from the beginning to the middle of April, followed by a corrective three-wave structure. And currently we have a zigzag downward movement. In this regard, it can be assumed that most likely we will see either a ending diagonal triangle or a horizontal triangle with a final downward movement following.
Comment:
The marking of the potential movement has been corrected