Today's focus: JPN225
Pattern – Continuation
Support – 35,860, 35,500
Resistance – 36,215, 36,718
Hi, and thanks for checking out today's update.
We are looking at the JPN225 today, but it's more from an educational standpoint around a continuation pattern that uses the moving averages to help qualify the setup. This setup comes from a system called the Floor...
ALSO - HOW DOES THIS EFFECT THE CRYPTO MARKET.
This is a technique big banks use to hide large sizes orders they are trying to fill without the public seeing their smaller transactions and have price move against them.
EX. - Banks bias is bearish to sell $60 billion of sell orders
They have chosen a previous resistance price level to manipulate around
They will...