Nikkei is approaching our first resistance at 20468.6 (100% Fibonacci extension, 23.6% Fibonacci retracemen, Horizontal pullback resistance) where a strong drop might occur pushing price down to our major support at 19334.1 (horizontal swing low support, 76.4% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a...
Japanese stocks are still overall in a downtrend - the recent rebound could end at 20800-21000 (the former peak)
Nikkei is approaching our first resistance at 20899 (100% fibonacci extension, 50% fibonacci retracement, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 18995 (61.8% fibonacci extension, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and we might see a...
I'm just making this up, words and all. Bears eat wedge widening on Japan Bears. Honey below 19950 and Bees above 20380. Ouch. That's my Dream Analysis. R 20380 S 19931
Trading Bias: Short Technical Strategy: Trend continuation + Elliott Wave projections *Will look to capture wave 5 within the anticipated sell zone*
Hi huys and Merry Christmas. I post my recent for short possitions at Nikkei 225 with target 18025 ! Which is a high profit move or a trade if you got the whole picture of global markets and not for intraday investing. As we see ADX and Vortex Index signs 2 very solid sell signals through crossovers between the negative variables and positive variables. Invest...
Nikkei looks to be on a desceding trend on the hourly chart. As we can see it broke downwards it's ascending trend and continued it's global image searching for lower lows, as it broke downwards an ascending trend developed in the daily chart. What we're looking here is that price has respected it's current trendline and failed to breakout ema's 50 giving out a...
Nikkei is approaching our first support at 21277.4 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 22721.4 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastics (89,5,3) is also...
The NIKKEI is seeing significant downside largely due to the current strength of the JPY. With the outflow from the stock indicies to the safe havens, we should see further downside to the key support of 20240.00. Look for continuation trades on the lower timeframes.
JP225USD is approaching our first resistance at 23123.0 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 21834.6 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also...
Nikkei is approaching our first resistance at 21856.1 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 20680.6 (100% fibonacci extension). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price.
Nikkei is approaching our first resistance at 21887 (horizontal pullback resistance, 100% fiboancci extension, 23.6% fibonacci retracement) where a strong drop might occur pushing price down to our first support at 20680 (100% fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) is also seeing a...
Key levels for Nikkei, please refer to our 4 hour chart for a strategic view!
Nikkei is approaching our first support at 21624 where a strong bounce might occur above this level pushing price up to our major resistance at 23080 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support we might see a corresponding rise in price should it bounce off this level.
Nikkei is approaching our first support at 22171.7 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 23673.3 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also...
Nikkei is approaching our first support at 22205.6 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur pushing price up to our first resistance at 23673.3 (horizontal pullback resistance 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we...
JP225USD is approaching our first support at 22205 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 23673 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also...
Key levels to look out for Nikkei. Please refer to our 4hr chart for a strategic view!