Get started
Peet_Serfontein

Nikkei 225: triple top pattern

Short
Nikkei 225 Index (TVC:NI225)  
Peet_Serfontein  
TVC:NI225   Nikkei 225 Index
Trend Analysis Chart Patterns Technical Indicators Contains image
1
0
trendanalysis chartpattern indicator containsimage
It will appear that a triple top pattern is busy developing.
Such a pattern is bearish in nature (see the insert).
The 200-day simple moving average might also act as major resistance.
Remains a risky trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.