JPN225 Risky Short !!
JPN225 is up, but a resistance cluster
Of the falling and horizontal resistance at 28177
So I expect a pullback and a move down so we will see a bearish correction in the Yen crosses
Jpn225usd
JP225USD Due to the formation of the second wave of correction and the price is unable to climb further So after the price drops from $28,900, its value decreases a lot
NIKKEI 225 prediction on 2020 year by Powerful TraderHello everyone!
Traders we do not like to write more.
The prediction of the price you can find on a chart!
Regards, Team Traders "Powerful Traders"
Nikkei USDJPY ratio at a very significant levelTVC:NI225/USDJP is at the same level it was in 1991,1995,1997,2018. The horiztontal trendline extends from 1990-2019 nearly 30 years. A closing above this trendline on a monthly basis will signal a bullish scenario in the Japanese stock market in my opinion.
Trump is set to rock overnight market again.Tonight is for sure going to be a crazy night just like the election day.
I am watching the most liquid market tonight. Nikkei and USDJPY.
Watch out for this triangle,
scenario 1: equity/usdjpy shot up straight and keeps on rally.
scenario 2: crazy volatility shake out both side and the triangle still holds.
scenario 3: trump said something really damaging/disappointing, and we could have a deeper correction.
