A clear signal to sell NIKKEI

SPREADEX:NIKKEI   Japan 225, Daily
The JPN225 is still in a downtrend as per the Daily Trend line.

This trend line is now providing resistance for this pair from rising.

There is also a pattern to sell this pair on a smaller timeframe.

The stop loss is above the previous high of 31450.

Target will be around 30500 which will be awesome risk to reward.


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.