Last week we saw a rally in all the stocks. Looking at the indexes, we are seeing all of them being overbought on H4, h1, m30 and m15. We are seeing the weakness in H1 and M30 and M15 on Nikkei. We will sell with 500 pip stop loss and target close to 2000.
✅NIKKEI225 is trading in a downtrend And the price-action is rather bearish The latest moves being a good proof of that So I think that we will see the price go further down Towards the support level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Introduction This is pretty clear that we are witnessing bubbles on different markets every around 20 years period of time. These bubbles obviously are driven by the unreasonable greed of the investors. Market is always unreasonable but we can see some similarities between all bubbles. Japan 80's real estate and stock market Since Japan had monetary crisis...
In this update we review the recent price action in the Japanese Nikkei futures contract and identify the high probability trading opportunity and price objectives to target
Asia Pacific stock markets were mostly bullish on Monday (June 6th) morning as China eased COVID-19 restrictions, giving hope for the global economic recovery. Also, the upbeat US jobs report opens the door for the US Federal Reserve to remain decisive on inflation. Nikkei has breakout the resistance area. After several months inside the falling wedge area. So...
Trade Idea: Selling JPXJPY Reasoning: Breaking trendlines, looking for an extended selloff Entry Level: 27753 Take Profit Level: 27029 Stop Loss: 27923 Risk/Reward: 4.26:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will continue to rise from our entry at 27760 in line with the overlap swing high to our take profit at 28410 in line with the 127.20% fibonacci expansion at the swing high. Alternatively, price may reverse and break the support level at...
The benchmark Nikkei 225 index on the Tokyo Stock Exchange rose 587 points, or 2.19% to 27,369 points, marking its highest closing level since April 21. Investors were temporarily relieved by the US data, as concerns that the Fed would push for aggressive monetary policy receded. Bullish trend is limited to 27,777 rebound is possible. If breakout, the price will...
The Nikkei index (NI225) has been on a strong correction phase since its September Highs. Despite the early March rebound just above the 1W MA200 (orange trend-line), it was rejected on the 1W MA50 (blue trend-line) pulling the index back towards the lows. Notice on this chart, however, that the March rebound was performed on a Higher Lows trend-line that is...
This is my first trade on NIKKEI and I am scared :) Well I just follow my rules, so I shouldn't worry. 1) Daily is down 2) H4 is down 3) Nice harmonic pattern setting up All other indices are showing similar symptoms. Hope it will be a good one. Stop loss is steep at 200 points but the reward is better.
The downtrend of JP225 continued yesterday. Today JP225 showed recovery in Asian session. But this is not going to sustain in intraday. My target is entry at intraday resistance of 26300 with target of 26100. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
After a week full of blood in the streets. The Asian market took support from 26331. My target for intraday is support of 26300 and the goal for today is 26500. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
Today was a public holiday in Japan. The JP225 index which is aligned with international markets stayed sideways during the active Japanese session. Market once again took rejection from 27444. Effects of less hawkish US fed policy were seen in the Japanese market as well. My idea is that the JP225 will take rejection from 27444. My targets for intraday are entry...
The world is focused on the US indexes which have recently broken down out of the uptrend. The question is now whether there is more downside to come which could turn into a major selloff after such a big Fed Fueled pandemic rally. I take a look at the price action and major levels of the Key Indexes. In the US - DOW, SP500 and Nasdaq Europe - DAX, FTSE and...
Here are the possible alternative subsequent movements of the Nikkei index. It is assumed that the index formed a five-wave structure from the beginning to the middle of April, followed by a corrective three-wave structure. And currently we have a zigzag downward movement. In this regard, it can be assumed that most likely we will see either a ending diagonal...
Here are the possible alternative subsequent movements of the Nikkei index. It is assumed that the index formed a five-wave structure from the beginning to the middle of April, followed by a corrective three-wave structure. And currently we have a zigzag downward movement. In this regard, it can be assumed that most likely we will see either a ending diagonal...
In this update we review the recent price action in the Nikkei futures contract and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the Nikkei225 futures contract and identify the next high probability trading opportunities and price objectives to target.