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Jan 15, 2019 4:15 AM

Nikkei Approaching resistance, potential drop!  Short

Nikkei 225 IndexTVC

Description

Nikkei is approaching our first resistance at 21088.5 (38.2% Fibonacci retracement, Horizontal pullback resistance, 100% Fiboancci extension) where a strong drop might occur pushing price down to our major support at 20085.8 (horizontal swing low support, 50% fiboancci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Comments
CodedFlow
and who is going to fall harder ... Japan or US ? in a previous comment about UJ you were bullish ... :) just curious...
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