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Japan 225

NIKKEI Elliott Wave Analysis for Thursday 26/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.
OANDA:JP225USD
by AndyCuckoo
NIKKEI Elliott Wave Analysis for Wednesday 25/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.
OANDA:JP225USD
by AndyCuckoo
NIKKEI Elliott Wave Analysis for Tuesday 24/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.
OANDA:JP225USD
by AndyCuckoo
NIKKEI Elliott Wave Analysis for Friday 20/10/2023 (+ Higher TF)In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.
OANDA:JP225USD
by AndyCuckoo