Have been speaking about the equities showing interesting exhaustion patterns. Well, we had the break and quite the run lower. Today, the day before the Fed, we have had a move up. Many already saying look how strong the market is, shaking off fears of the coronavirus and other world events. Not so fast, market structure was expecting this pullback, and until we...
NIKKEI bounced off 23645.0 where it could potentially rise further to 24540.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Jpn225 - bearish outlook on the japenese nikkei index as price action is pressed below weekly supply. Current strength in jpy could continue if nikkei takes a dive.
NIKKEI225 can easy go down now to end the Gartley pattern and test the blue Trendline and the SMA200 there.
Nikkei 225 bounced off 23645.0 where it could potentially rise further to 24540.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
As we can see JP 225 crossed trendline and shows support to buy at 23868!
Perfect resistance line, the NIK225 has already been stopped twice in the above resistance line and it seems that this time it will also fail to break. The Stochastic in Overbought, and has the same model as it had in the previous 2 times. The trend is an uptrend but following the data we mentioned above, we recommend sell Target: 22000
completed harmonic bearish gartley pattern on nikkei. entry based on a strong resistance. Entry - 24100 Stop - 25100 T1 - 22800 T2 - 21600
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Nikkei has been on a strong 1D uptrend since the August rebound on the 20,115 1W Support and just recently 1D turned neutral (STOCHRSI = 53.869, ADX = 18.607, Highs/Lows = 0.0000) showing possible signs of exhaustion. The 1D RSI is on a bearish channel, diverging from the price action and that could be a first sign of a short term trend change. We have traced...
www.youtube.com I Publish Daily chart updates on over 49 Assets including Forex pairs, Indices, Commodities, Metals, Cryptos and more. Watch them via the above link
www.youtube.com I Publish Daily chart updates on over 49 Assets including Forex pairs, Indices, Commodities, Metals, Cryptos and more. Watch them via the above link
The Nikkei has been in an insane climb lately, and Japan as a whole, has been presenting more attractive valuations overall, than US or Europe stocks. Personally, I'm long EM equities, and some US ones, but, Japan does have a valid uptrend in the intermediate term, and soon in the long term as well. One concern you may have is mainly demographic, if you factor in...
TVC:NI225/USDJP is at the same level it was in 1991,1995,1997,2018. The horiztontal trendline extends from 1990-2019 nearly 30 years. A closing above this trendline on a monthly basis will signal a bullish scenario in the Japanese stock market in my opinion.
Short USDJPY with break of multi-week trend line. JPN225 retracing sharply from 2019 high.
Nikkei 225 Japanese Index has been rallying for a few weeks creating new strong weekly demand imbalances. Nikkei 225 index has unfortunately not retraced yet to any of these two strong weekly imbalances and continues to rally on its way to weekly supply imbalance around 23600. Nikkei 225 Japanese Index futures forecast. As per the weekly timeframe analysis,...