ThinkingAnts
Short

"Top and Bottom Analysis" NIKKEI (NI225) by ThinkingAnts

TVC:NI225   Nikkei 225 Index
4H CHART EXPLANATION:

Main items we see on the chart are:

- Price facing a Resistance zone on a possible Double Top Pattern

- Bearish Divergence on MACD

Based on this, if price breaks out the Ascending Trend line below 21300.0, we will be looking for short positions towards the Ascending Wedge Pattern at 20000.0, paying attention to the middle support zones at 20900.0 and 20400.0


MULTI TIMEFRAME VISION:

-Weekly

-Daily



Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out