Tencent & Youzan Trade Updates for Jul 29th Holding Tencent and Youzan after the publicly given buy signal linked below.
Nikkei 225 JPN225 CFD
More Bullish potential on NIKKEI by ThinkingAntsOkMain items we can see on the chart:
a) The price has re-entered a broken ascending channel (yellow lines)
b) After that, we observed a corrective formation above it (purple lines)
c) We expect a bullish resolution of this correction based on Technical Analysis Theory
d) Target is the next Resistance zone
CADJPY may sell this zoneHello trader the Tuesday excitement comes again!
for this pair we will entry SELL at the LQ zone or Liquidity (supply zone) it's give the best RR ratio we can take profit at old support 1 2 3 or 4
one thing you must emphasize "Any strategy is not as important as the mind" because the market is not ours
HAVE A GOOD TRADE DAY
PDD, Youzan, Tencent Positional Updates (+128%) 💎PDD closed at upside target for a profit of +35.05%; un-marginalized
China Youzan closed at upside target for a profit of +70.48%; un-marginalized
Tencent long position, floating +22.58% with stoploss covered and 1/4th profit taken (closed).
motivation tuesdays if intrested only buy at buy zonethis is my view of JP225 thumbs up if you agree
NI225 for Sell from a big resistanceNikkei 225 is following an uptrend but approaching a big resistance. (end on correction)
We wait for price to break the trend-line and retest before considering a Short position.
Nikkei 225 (NKY NI225 JPN225) - Breakdown - Now at Demand ZoneTVC:NI225 has broken down from the uptrend, however now in demand zone.
NIKKIE 225, TECHNICAL OUTLOOK, DAILY.The uptrend that has persisted since the corona lows is being tested, the sell-off is testing the trendline support. The sentiment in the market is slowly turning to the second wave sell-off rhetoric.
Not investment advice.
JPN 225 Bearish If price goes below blue line 22490.40 we wait for a confirmation by closing a 1H candle below then Sell, Every black line can be a partial TP.
NIKKEI225| BUY TRADE📈| TREND CONTINUATION🌟Hypothetical scenario:
(1) Entry @ 22955.0 (Buy LMT )
(2) Stop Loss @ 22928.0 | 27 points
(3) Target @ 23046.0 | 91 points
(4) R:R = 1:3.37
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Nikkei - rally after a triangle patternThe Japanese main stock index - Nikkei 225 - has rallied after the completion of the ABCDE triangle pattern. The market jumped strongly towards the recent strong resistance which could be located near the recent tops (23980 pts).
If this area is broken we would expect another rally maybe even to 30000 pts. The technicians could also look at the stochastic oscillator how the price would react if it reached the overbought area.
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Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
JPN225 M30 short opportunity (wedge+fibo)JPN225 broke a rising wedge and went back to the 50% to 61.8% Fibonacci zone, for a nice short opportunity
Nikkei 225 Index (JPN225) Short Trade Explained
Short trade went active on Nikkei!
Reason:
the price reached a resistance line of a rising wedge pattern on daily
+ double top formation on 1H with a confirmed breakout of minor support.
I entered short based on retest (382 retracement of a small bull leg)
stop - 20585
t1 - 20050
t2 - 19770
risk: 1%
JP225As of now we are in the b wave of dark blue degree... Lets see how far it will retrace before starting the wave c...
SONY CORP (6758) Two Scenarios!
hey guys,
sony is standing on a key structure resistance level!
depending on what is your bias on this stock you may either see an ascending triangle on 4H
or
a double top formation.
no matter what it is, we can trade the stock to both sides.
if the price breaks above resistance of the ascending formation,
for us, it will be a long signal and we buy expecting a continuation to higher scructure levels!
in contrast, 6600 is our minor support.
being broken to the downside, for us, it will be a trigger to short!
both scenarios are equally possible so be prepared!
good luck!
NIKKEI - NIK225 - Intraday - We look to Sell a break of 19425 (stop at 19500)
Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day. Posted a Double Top formation. Expect trading to remain mixed and volatile. Further downside is expected, however, due to the strong support below we prefer to sell a break of 19425, which will confirm the bearish sentiment.
Our profit targets will be 19200 and 19050
Resistance: 19585 / 19750 / 20000
Support: 19425 / 19200 / 19050
Short Nikkei225There is still a lot of room down from my last call on Nikkei Short from 20k levels, should see far lower. Watch the Y made by X.
Short-term Nikkei225 ShortFrom the 20000 levels is a good shorting opportunity on Nikkei down to 19000 levels or perhaps below.
With a proper SL you can make good profit. Calculate the risk and manage your margin levels and you could make it.
Is a Bearish Movement coming on NIKKEI? By ThinkingAntsOkMain items we can see on the Daily Chart:
a) Currently, the price is on a corrective formation (circle)
b) We can see an exact formation like the current one on the past
c) Also, it is important to say that both are happening in the same zone
d) If we take the previous one as a model of what can happen with the current one, we can expect a bearish movement to come
e) The bearish Target we will be aiming for is 15.000
