Nikkei 225 - Bullish upside returning. A repeat of the history
Observing from the descending channel (green line) we could see that it is a fractural kind of pattern in the corrective wave settings. Furthermore, we have been in a larger complex triple three waves and as such, we believe that the upside is returning.
On the chart pattern front, inverted head and shoulder is seen and with the resounding morning star pattern, the Japanese is likely to see a return back to the 30,000 level Banzai!
On the chart pattern front, inverted head and shoulder is seen and with the resounding morning star pattern, the Japanese is likely to see a return back to the 30,000 level Banzai!