The current global economic landscape presents several factors that align with a bearish bias for the Japanese stock market, particularly the Nikkei 225 index (JP225USD): Global Economic Slowdown: Concerns about a potential recession in major economies are weighing on investor sentiment. Bank of Japan Policy Shift: The recent rate hike by the Bank of Japan may...
This trade is based on the daily chart of Japan225, where the price has recently retraced to the 0.7 Fibonacci level, presenting a potential opportunity for a downside move. The current market structure indicates a possible reversal from the recent highs, with a key resistance area marked by the red zone on the chart. Key Levels: • Entry: The trade is...
Volume continues to stay flat whilst price continues down by 5 percent! I smell a pump...
NIK225 - 24h expiry The sequence for trading is higher highs and lows. Our short term bias remains positive. The primary trend remains bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. 20 4hour EMA is at 38645. We look to Buy at 38650 (stop at 38370)...
NIK225 - 24h expiry Our short term bias remains positive. There is no clear indication that the upward move is coming to an end. Preferred trade is to buy on dips. Dip buying offers good risk/reward. 20 4hour EMA is at 38333. We look to Buy at 38340 (stop at 38030) Our profit targets will be 39010 and 39190 Resistance: 38817 / 39000 / 39200 Support:...
My Dear Robbers / Traders, This is our master plan to Heist JAPAN 225 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain...
We are currently 1.5 trading days away from our original market top call, but this analysis will cover any new developments. Wave A appeared to have a good 5 wave structure with wave 3 having an extension. Wave B retraced 73% of wave A's movement quicker than expected. Wave C has most likely completed at least the first two waves and possibly as much as 4 waves....
Trade Idea: Long Japan 255 at 30677.3 Entry: 30677.3 Stop Loss (SL): 27869.0 Take Profit (TP): 41133.8 Dollar-Cost Averaging (DCA) Zone: 28625.0 Terminology Explained Demand Zone: A price area where buying interest is expected to be strong, potentially causing the price to rise. In this trade, the demand zone at 30677.3 suggests an opportunity to enter a long...
Simple short position taken on JP225 Wednesday. Full breakdown in recap, thoughts behind the trade, why I took it and also my review of the position afterwards.
FOREXCOM:JP225 is aiming for 42k+. Bullish flag formation, close to breakout!
Nikkei is headed to 100k+ in next 5/8 years, long term consolidation below ATH, leading to aggressive expansion upwards.
The JPN225 is still in a downtrend as per the Daily Trend line. This trend line is now providing resistance for this pair from rising. There is also a pattern to sell this pair on a smaller timeframe. The stop loss is above the previous high of 31450. Target will be around 30500 which will be awesome risk to reward.
NIK225 - 24h expiry Short term momentum is bullish. There is no indication that the rally is coming to an end. 32240 has been pivotal. A break of the recent high at 32240 should result in a further move higher. The primary trend remains bullish. We look to Buy a break of 32266 (stop at 32086) Our profit targets will be 32716 and 32816 Resistance: 32240...
NIK225 - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. We prefer to consider the medium term trend and expect buying interest to support as prices move lower. Weekly pivot is at 30753. Further upside is expected although we prefer to buy into dips close to the...
NIK225 - 24h expiry We are trading at oversold extremes. A higher correction is expected. This is positive for sentiment and the uptrend has potential to return. The 50% Fibonacci retracement is located at 30124 from 28893 to 31355. Further upside is expected although we prefer to buy into dips close to the 30125 level. We look to Buy at 30125 (stop at...
NIK225 - 24h expiry Selling pressure from 29249 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. The trend of higher lows is located at 28562. Preferred trade is to buy on dips. We look to Buy at 28805 (stop at 28665) Our...
Possible head and shoulders pattern!!!! Note: in 4h frame the price reach the tip of uptrend channel, with nice rejection and went down! This H&S can give the continuation down! Remember: wait for confirmations..
Price is approaching a nice demand zone that printed an institutional bullish engulfing after breaking a previous ranging zone creating the next level of structure. Seeking a long position for 500+pips or 5,000+points to complete head and shoulder pattern from Daily demand zone as the market will likely correct the heavy imbalance from the bearish activity...