This is my setup for short nikkei . ithink the high for today is over , and will make new low!
Looks like trend has just changed.
Trend Analysis The main view of this trade idea is on the Daily Chart. The Nikkei 225 Index appears to be breaking out of its downward trend channel that formed in September 2021. The breakout appears to be from the V-shaped bottom in the Index over the last month and a half. Expectations are for a continued rally towards all-time highs, around the 31,000 price...
Looking long from the buy zone highlighted previously to the first upside target then second to follow. Check linked Idea...
Weekly Time-frame We are currently in the Retracement. 23 hours left before the new candle. A strong rejection from $48,000. Support is waiting at $42,000. 1D Time-frame We have printed a red candle which is a Bearish Harami. We can expect more to the downside. $44,195 is our previous low which is possible to be touched again. 4H Time-frame We...
Monthly Time-frame We have closed a green candle on March. Rejection area or the supply zone is at $47,100. Good to open short position at the moment. a test to the demand zone is also possible for stronger pump to the upside. Demand zone is waiting at $37,700. This is possible if the stock market starts crashing. Weekly Time-frame We still have 1D and...
JPN225 is up, but a resistance cluster Of the falling and horizontal resistance at 28177 So I expect a pullback and a move down so we will see a bearish correction in the Yen crosses
My view on Nikkei 225. Reason to my bias is that Yen is weaker then Usd & they have a negative correlation with Nikkei so far. Also major trend is still bullish. TAYOR
NIKKEI 225 INDEX traded in a tight wedge and it was broken We are witnessing a bullish breach of the wedge, and it is expected to retest the horizontal support at 26175.00 before moving up It seems that NIKKEI 225 is destined to rise and retest the 29200.00 level
TOKYO (Kyodo) -- Tokyo stocks opened lower Tuesday, with the Nikkei index briefly falling below the 25,000 line for the first time since November 2020, on growing concern over the economic impact of rising crude oil prices amid Russia's military action in Ukraine. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 230.00 points, or 0.91...
Feel free to interpret it. Fundamentally Indeces is still very fragile fundamentaly. Good R:R short.
Risk-On mode for now, technically good setup as indeces and yield rebound.
This fat pitch on the Nikkei is much more advanced. This is quite a bearish look indeed.
Rally on JPN225 after hitting Bullish OrderBlock. Price aims to target buyside liquidity.
Price closed above 27156.84. Key Resistance Level is at 27423.10. Set Target Price at 27423.10.
Bear Candlestick formed on Horizontal Resistance Level.
The more horizontal the trendline, and the more touches of price to that trendline, the more ominous. Many times, a decisive break of the line, leads to a move equal to the previous range. That would be over 3000 points!
The /NKD is close to breaking down, but bouncing at the moment. Now overbought on an hourly MACD, with NO positive divergence. If it fails at resistance, I think U.S. markets will test the lows.