Using the Weekly and Daily Charts as my Mother Charts for this week's trading, I am forecasting a pullback in price. I am using ICT Concepts for my Price Action Analysis with an overlay of the Ichimoku Indicator to show Levels and Trend direction.
NIK225 - 24h expiry
Short term bias is bullish.
Levels close to the 50% pullback level of 37636 found buyers.
Preferred trade is to buy on dips.
The trend of higher lows is located at 37190.
Further upside is expected although we prefer to buy into dips close to the 37640 level.
We look to Buy at 37570 (stop at 37290)
Our profit targets will be 38270 and...
Dear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
The price of the Nikkei 225 index is fixed above the level of 37,000 points. The last time this happened was after the index reached its all-time high in 1989.
The bullish behavior of the Japanese stock market has the following reasons:
→ Strong corporate reporting. In particular, SoftBank shares rose 11% due to increased sales of its subsidiary Arm, which...
J225 Bearish idea, trend is bullish, bearish divergence, possible retracement, if the price move downward and break the neckline there is our entry, stop loss and target price mention on chart.
We have now reached what should be the END of the CARRY trade in the YEN . I am buying long calls in the yen Now and wait to see the confirmation in 225
The chart posted is that of the Japan 225 it has reach my forecast for the MAJOR TOP in the high of the projection . A new BEAR MARKET is now ready to begin . see my work
Looking to short the Nikkei Index from 36930. With the Nikkei trading at the all time highs there is limited price action to follow for set ups therefore only taking into consideration my strongest confluences and reasonings for trading the market.
The last BOJ was Hawkish which gave the index a slight push down. Now price is approaching this level again at the...
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...
1. Bouncing off the 4hr bullish OB
2. Overall uptrend
3. Descending channel
4. Double bottom
Looking more long term i feel like the buy is the more better move.
1. SSL Daily
2. rejecting twice off the 1hr bearish ob
3. Imbalance below
Originally had buy in mind wish I stuck with my buy at first to catch those profits. After waiting a while I am now seeing sells clearly especially with it bouncing off the 1hr bearish OB twice.
TVC:NI225 NI225 (W)
I have seen bearish red candles in the NI225 (W)
With a bearish pinbar base combined with weekly frame RSI divergence.
It seems that the NI225 index will fall to the support zone from 33.25K-33.8K in the near future.
📉 Japan225 (Nikkei) Short Trade Setup - Potential Bearish Reversal at SMC Order Block FVG
🔍 Technical Analysis:
The Nikkei (Japan225) is approaching a crucial zone on the chart known as the SMC (Smart Money Concept) Order Block FVG (Fresh Virginal Ground).
Historical price action indicates that this area has previously acted as a strong support-turned-resistance...
