We are in prolong sideway movement in Nikkei, It is a sure sign of extreme ranging. If you use Bollinger band which is not useful or rather a pretty useless one, it will show you sideways tight range too. It is making a small bullish higher high for now, but it doesn't really say of the extreme bullishness. Watch important levels such as 23100 or 23400 level....
Nikkei is testing nerve of traders. Markets will not always agree with you. Remember this is what the market does. Whenever there is a winner, there will always be a loser. We should stay out of the kitchen if we do not like the heat. Anyway. the bull side is fighting back on Nikkei. To reaffirm the bearishness, we need to see 22,600 level (watch 1)need to get...
Do not be so bothered a daily nomial swing. It is the best way to get high blood pressure. I am still standing with BEAR and I am waiting for my BIG pay day. Let's see. I can be wrong as well. Trade Safe and read the disclaimer, too, s0nic Disclaimer: The information contained in this presentation is solely for educational purposes, and does not...
Nikkei ends with a rather heavy candle on last Friday, which is leaning toward Bear. The market can be irrational sometimes. But watch big levels such as 22900 or 23400 level, once they are broken up "strongly", the sell idea is no longer valid. So, the question is "what if" these levels are not broken up, Bear will do just fine. Trade Safe s0nic P.S I am...
- short term oversold - bear has to break the previous low to validate the pattern - measured target is 0.618 of the down leg which is the trend line support
Did you follow our previous analysis? We are in the BEAR mode and it is getting more obvious. We suggest you to stay in BEAR side. If there is any swing up, 22600 to 22800 region will be a good resistant regions. Trade Safe, S0nic Disclaimer: The information contained in this presentation is solely for educational purposes, and does not constitute...
Guys.. Take a look. Yesterday Candle in Nikkei has caught my eyes. It is clear a sign of strong bear is attacking back. So, becareful with the long side now especially the price is below 22650 level. If it goes lower It can swing to 22k level. Since Nikkei is getting BEAR,jpy pairs shall be in bear mode too. Trade Safe, s0nic
Rekord high of RSI in Nikkey!!! Short coming.
Please look at our Possible scenario for NI225 . Potential targets on the chart. Let`s see. I will comment on the idea, as events unfold. Thank you for your attention.
Nikkei 255 short on marks, RSI overbought.
i Short the nikkei after he Breakout his 2015 high he just for a technical pullback at the breakout level so at 20905 Enter at 21205 Target at 20900 Gains 300 pips
It seem like Nikkei has no stopping force at the moment and we are still seeing Bullish candle with momentum. It should stays on its bullish course toward 21,000 as long as 20,700 region holds. The only thing for the bull to watch out is the thinning of volume for the past 5 days. It shows the sell down can be around the corner too. Trade Safe, s0nic
Nikkei is is subdivided 5 wave and could reach the top.
This index has one tough nut to crack. 20,000 level will be the imporant one. But once it is cleared, it can be easily to to 20750 region. I am expecting it will happen,. I am standing with BULL for now,. Trade Safe, s0nic Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies...
In Nikkei, the signs are pointing downwards. There are several signals that indicate falling prices in the Nikkei. On the one hand, the repeatedly tested resistance could not be overcome and on the other hand, the CCI also issued a sales signal. As a stop loss, the 19,800 is quite good and as a take profit 19,300 is a good choice. This results in an excellent...
The world stock market is in dilemma and it is not due to any economic data. It is due to the geopolitical events. The japan stock market is one of the most affected market due to the saga. I am still seeing the weakness of it and it will use 18,900 as a very good support. SO, it can go to 18,900 easily for now and we have to see how strong it behave as the...
Apparently Nikki index has a lot of downward pressure from here. It is kinda early to enter but if it becomes obvious, it is considered too late as well. It may be hard to break down 19,2350 level strongly first and it is very likely. TP1. a nice swing area. TP2. a nice congestion area where bull will fight back. Trade Safe, s0nic Disclaimer : This...