Price failed to break previous low creating today a higher high on the daily chart, indicating a possible market structure shift. RSI three touch bullish divergence. Market structure broke previous minor resistance adding another confluence. Overall bigger trend is bullish while minor trend is bearish. Looking for a break of the flag and continuation. Usually this...
NI 225 looking to consolidated. Like IXI, we are more or less at the beginning of the downtrend. Some goals are provided in purple as well. RSI show dropping momentum. None of the above is financial advice, please do your own research - your trades are your trades.
Hello traders and investors! Today we will talk about Japanese Index NIKKEI 225 in which we see very clear bullish pattern. As you can see, NIKKEI made an A-B-C corrective decline from the highs and the main reason why we think it's a correction within uptrend is because of a triangle within wave B in the middle. We know that triangles cannot occur in wave 2, so...
I'm waiting to see if 27,500 gets broken for a potential short entry. The successive higher lows and the falling RSI warns of an impending fall.
Nikkei 225 - Great Trade Opportunity! What a great set up, right? I've been shorting NI225 for while. If you're subscriber of our weekly newsletter, you probably got in earlier at a better risk/reward! If you are subscriber - Thanks I appreciate it and if you aren't you're missing out! I post my analysis late on Trading View for great trade ideas...Subscribe now...
In this video, you will see the importance of the Elliott Wave and Price action trading analysis on the $Nikkei example and what trade to place
IT IS POSSIBLE FOR INDEX TO MOVE HIGHER BEFORE REACHING TARGET @26000
Nikkei is in a sharp reversal after after a stunning uptrend post covid.
TVC:NI225 is in a descending channel, but in a bigger timeframe it looks like a bullish flag to me. Besides that, it hit key Fibonacci levels rebounded from there. I am bullish until above 30000. The fundamentals are still bullish for me as the opening-up party just begun. However expect wild swings, as the speculators tried to "price-in" the opening up with...
NIKKEI will have its first meaningful correction in the coming weeks ###NOT FINANCIAL ADVICE###
Price has come down to bottom of the range activating my buy limit, I'm anticipating it will return to the top of the range with assisted volume from US markets open. I also have a stoploss below range low
Target Price 25263.84 ; 26701.44 EMA 10 Close 23549.03 EMA 20 Close 23496.56 Low 23501.39
... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.) This spread currently sits right at the Quarterly Pivot. As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should...
maybe a double top formation at a high level a bearish rsi divergence formation a legit profit taaking by investor a pullback on psy level of 4000
There is a large confirmed bullish inverse H&S (see prior charts) - and I was buying the dips around the 26.00 level into my ISAs and SIPPs. We have seen healthy consolidation over the past month and the etf now appears to be in the process of building a bull flag. This will be confirmed with a daily close above 26.70 and has a full target of 28.00. Given the...
Bullish bounce from vwap, no trend - market is ranging. Targets at around day high/ top of range
Candles are closing below support, price has trended downwards. I think it can fall a bit further