The primary expectation is that wave (4) has finished after a WXY correction. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing. A failure of both scenarios on the lower timeframe is an indication of a bearish...
The primary expectation is that wave (4) has finished after a WXY correction. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing. A failure of both scenarios on the lower timeframe is an indication of a bearish...
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing.
USDJPY is going test 150 level again. While dollar doing better, Probably usdjpy will go up. Wait price to test 150 then get another review.
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing.
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse but the structure looks incomplete as two more swings are missing.
USD/JPY - H4 Chart - Rising Wedge Pattern formation Price need to Break the Trendline and Retest wedge Pattern and after strong Reversal formation, we take entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never...
Japanese Currency Strength is back to 1987 levels Japan is the main source of YCC for the USA buying down bond Yields If USA raises rates any more Japan will be in free fall collapse (hyperinflation) They need to pause at worst start reducing rates. My guess? Money printer is coming back and will come back fast to save the Yen, this is not just a "Asian...
Nikkei crossed over its late three month Channel Down pattern which according to the almost +30% rise that preceded it, may be the Bull Flag that technically follows and transitions into the next rally. The 1D technical outlook already turned bullish (RSI = 58.030, MACD = 173.400, ADX = 33.840) and as the 2021 fractal, targets the R1, or at least a little under it...
Hello,Traders! NI225 broke out of the Opening wedge pattern and Went up but the path above Is now blocked by the resistance Level of 33,757 and I doubt that It will be broken with the fist Attempt so a local correction From the level is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅NI225 grew again to retest the resistance of 33.765 But it is a strong key level So I think that there is a high chance We will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
+Adam&Eve pattern +Very good risk reward -unclear if it could above hold MA just yet. -Nikkei is a bit overhyped Make your own decision. ### NOT FINANCIAL ADVICE
Hello Traders Investors And Community, welcome to this important analysis about the NIKKEI 4-hour timeframe perspective, recent events occurred, the current formation-structure, what is possible within this environment, what we can expect when the proper scenario has confirmed rightly. In the last weeks almost all major world indices seem to recover from the heavy...
In 2023, Japan's stock market is in a bullish trend (shown by the blue channel) as the country has an ultra-loose monetary policy (unlike other G7 countries that are fighting inflation). As a result, the cheap yen helps Japanese companies, which are largely export-oriented, to develop. According to the Cabinet of Japan, GDP in the second quarter of 2023 increased...
Chinese real-estate has collapsed China refuses to update new unemployment metrics (like they've ever told the truth) China BOC keeps printing to backstop this (parabolic m3/m2) China forcing peoples money trapped in this death spiral Japan Real estate is also dead Japan stocks / Gasoline is going parabolic due to the start of hyperinflation not a...
✅NIKKEI was trading in an Uptrend but now we are seeing A bearish breakout of a strong Horizontal support level of 32,000 So I think that the index will go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Japanese Yen running the risk of entering Hyperinflation like the Argentine Peso thanks to the USA. JPY Used to purchase US Debt while USA has Inflation problem has caused them to purchase more than expected including the FRED running (System Open Market Account (SOMA) (soft YCC) China cannot get growth due to US higher rates slowing business growth...
We take a look at the Daily charts and price action on our Key Indexes. It is important to have a longer term view of the price action and risk levels on the key markets so we will discuss our major markets and what we are looking for in the video. We take a look at the following Key Indexes:- Nasdaq, DOW, DAX, FTSE, ASX200, Hang Seng and the Nikkei. *** Feel...