Japan 225
$Nikkei takes on decade-long ResistanceAfter decades of trading below 21,000 this index is now tackeling the area again. It is currently trading within a Momentum move from 19,150 just about to break through the 22,000 level. If this break is successful in the longer-term, a complete new bull market could unfold. As mentioned in the youtube videos and indicated in the chart I have been long and I am holding these longs as the current move develops.
Nikkei Daily update (24/8/17)19300 is a nice support zone.
there is no nice candle to long at the moment.
next support zone if 19300 broken will be 18900
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Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
NIKKEI225 H4/DAILY TRADE (SELL)Hello, traders!
NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume.
Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts.
GL All!