9984.JP Softbank Group, given the most significant player in Asia PE / Fintech and leverage it does take a Macro implication. Upside capped by Pitchfork. Testing multi-year support A possible H&S pattern. $USDJPY $NKY
this is stop with old trend line. This can fall 120 pip in old resistance
Following the successful break of the bull flag and the quick follow through, there is no surprise that we are seeing a pullback on this ETF. I am starting to average back in after slowly taking profits from 27.50 (prior high) and above. There is no sign of a bottom here, but I am happy with the current price and will buy more if we move lower. The long term...
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis specifically disclaims any responsibility for any personal or...
LIKE AND COMMENT Its a beautiful pullback enjoy, now react in liquidity zone. and now fall 220 pips. this is my forecast short
just a follow up from my last point as you can see now the numbers are rising a lot more than before
I personally think this is going to have a huge rise as Japan has just reported that there main goal is to make 4 trillion yen and have already made 3.5 billion so I feel as if this would be worth investing in as of all the reports
TSE:8818 is currently stuck in the 1400 - 1600 area (white box area ) But If price succeeds to break above the white box and closes above the 1600 level , it is very likely to go bullish towards the 1975 - 2000 area as marked by the box . On the contrary , If it breaks below the box ,and closes below the 1400 level , then it is very likely to drop to the 1120 -...
Hello Traders another free setup for you all, Enter JPN225 @ 30100 Take Profit @ 30620 ( 520 Points) Stop Loss 29900 ( Only 200 Points ) Enjoy and Good Luck ;)
i think its going to down, but im just thinking ;) ^^
Prices broke higher from a Symmetrical Triangle pattern this week, putting the 2021 (111.65) high and 2020 (112.22) high in focus. A reversal lower prior to that may see bulls attempt to turn resistance into support. The MACD oscillator signals healthy momentum in price, which puts bulls at an advantage going into Q4. The 23.6% Fibonacci level is the most...
Beautiful follow through following the break of the bull flag. Currently testing all time highs, but move has been aggressive as seen by the extension from the 20day SMA and overbought RSI. It is currently the largest allocation in my portfolio and I will look to take some partial profits here hoping we get a slight pullback for an accumulation.
Potential short play setting up here in JPYUSD, could a lower yen aide in a Nikkei recovery?
Patience has started to pay off. I have been averaging into this ETF for a while - especially when we saw the re-test of the inverse h&s neckline. The bull flag has finally broken higher and will target new all time highs - will hopefully see 31/32 region. Currently largest % holding in my portfolio and happy with current allocation.
130 - 130.33 is strong resistance zone that poses a serious challenge to upside momentum. Seller may soon return if the pair have a fail break out. => May be short at price 130 or 130.33. target 129.20 or 128.50. Stoploss 130.60.
Multi decade channel with iron resistance level seems to have broken. Retest underway for months.What will happen next?
Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The FX Cross EURJPY is in symmetrical triangle setup, where the trend lines are not parallel. Typically the target on the setup is the length of the highest high of the downward trendline and the lowest low of the upward trend line. While the symmetrical triangle is neither bullish nor...
This purely technical analysis no fundamental. cheers