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Nikkei 225 JPN225 CFD

Nikkei 225 vs USDJPYHi traders, I just wanted to post this as part of sharing. I am not in this Nikkei trade, however I am currently in the USDJPY long trade (see related links below). The NIkkei 225 index is highly correlated to the USDJPY currency pair This completed a Bullish Bat pattern and even showed us an Inverted Head & Shoulders pattern at the PRZ, and has moved up since then. Same buy signals you see on USDJPY. Note : I won't be doing any updates on this post. Just for sharing purposes only
FX:JPN225Long
by BoonHooi
1
JPN225. Nikkei full of zigzags and patternsNikkei may have offered two following trading opportunities which are pairing with the zigzags we see on USDJPY forex pair. First of all, a bearish Cypher pattern has just completed today. I will short the market on opening, targeting 19215 and 18995. SL set at 19700. If the trade completes correctly, I will long the second pattern, a potential bearish Butterfly. To make it valid, we should not close the day above today´s high and below 19102. My target for the pattern is 20000 and SL at 18800 if the market gets to 19100 or 18992 values
FX:JPN225
by captain_smollett
Nikkei 225 Wave Count: One More RallyThe Nikkei is in a clear uptrend, as is USDJPY, and based on the extended first wave (if correct) we should see another rally before a drop of questionable magnitude. The Yen has been weak against all pairs, especially the USD, and this week may be a good buying opportunity. This is all pending a rally above the dotted trendline. I like a buy on USDJPY after a bullish impulse and if the Nikkei extends toward the 3=5 level, we will have an excellent selling opportunity ahead. Cheers
FX:JPN225Long
by glennmercer
The Japanese DiamondThese formations are rare, can be quite confusing, and are prone to a lot of morphing. I believe this one is coming to an end soon. Even if it does not come to an end, a move of size is on the horizon. I am short bias from a risk reward standpoint. I view the break of 17700 as constructive and would be looking to go long the index. I will start covering the Nikkei a lot more going forward on the small time frame using this thread as the bigger picture theme.
FX:JPN225
by Lanmar