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FlowState
Feb 21, 2019 9:14 AM

Nikkei 225 approaching resistance, potential drop! Short

Nikkei 225 IndexTVC

Description

Nikkei 225 is approaching our first resistance at 21868.6(horizontal swing high resistance, 100% Fibonacci extension, 78.6%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 21159.1(23.6% Fibonacci retracement , Horizontal swing low support)

Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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