NIKKEI JPN 225
To open LONG positions for JPXJPY , it is required:
NIKKEI is targeting 23000 to form a double top before a large market correction. Indicators are approaching positive conditions on our system & a breakout has occurred to the upside territory to confirm trade entry but if the market trend continues to range this signal will become invalid. ...
short the nikkei at 23600 as all stock ,in oberboght + euphoria,maybe the mast rally before a big correction,but for now i will wait the real signal and play just sup and res
But true that is very crazy in stock market like just in feb 2016 you put just 10 000$ on nikkei who was around 14500 and now 2 years after at 23500//humm you get a big jacpot and same for ...
On daily chart the nikki now comes to the 1.618 extention of previous major rally, seems losing momentum.
On 4H chart a dead crossover of MACD has completed, hits a possible correction move to enter into consolidation period.
I won't so pessimistic about the nikki, watch 21221 and 20979 level. Generally the rising trend keeps in good shape.
Other related idea ...
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
