Japan 225 IndexShort
NI225 possible retrace
Updated
Might go to search the upper support at 41k to retrace back to 38,500 in search of more strength to keep up with the uptrend.
Have a look at a possible down divergence of the price against the RSI and CCI
Have a look at a possible down divergence of the price against the RSI and CCI
Trade closed: target reached
After finding the support close to the MA 100 the price is rebounding as suggested on the analysis. Technical indicators as the RSI and MACD on a 4hr timeframes indicates a bullish impulse that would try to sit the price above the primary uptrend line around 40,000. Expecting this to happen on the following 10 days
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