Nikkie
Nikkei Analysis 1D | Outlook• Nikki Japan's long-term outlook on daily timeframes •
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• Friends, remember the numbers listed on the chart, if the price moves to the upper or lower area indicated on the chart, trading positions can be used.
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• Area 28700 has the highest volume of transactions in the last 10 months, and is an important area! Failure of the price from this area will push the price up or down to the next targets in its direction.
Shanghaiİ am buying not willing to leave this trade without profit , stoploss could help those who use a high levrage , this assets in a sold area u can check W/M frame ,the doji candle framed last month could be a single for a correction a head of us but here we can check it very early cause we are buying from it's bottom so if any breaks in level i will be able to mange it .
Nikkei 225 Possibilities of Bullish ContinuationThe bull is weighing against the bear at the moment on TVC:NI225 knowing how the global equity markets turning from red to green because recently market participants having higher risk appetites. Also, at this point, we know that YEN losing its strength against may other currencies and it's been a couple of days now so I think that should help the export-oriented economy country like japan as well. We are having a cheaper currency which will obviously help the businesses to export more in ease. Businesses will rise back and eventually it will grow the demand for such domestic equities leading the index higher.
NIKKEI approaching resistance, potential drop! NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support).
Stochastic is approaching resistance as well where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NIKKEI approaching resistance, potential drop! Nikkei is approaching our first resistance at 20899 (100% fibonacci extension, 50% fibonacci retracement, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 18995 (61.8% fibonacci extension, horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
POTENTIAL BULLISH CONTINUATION SETUP ON NZDUSDPrice broke out of resistance level and made a new high.
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Price made a pullback and retested the broken level that lined up with H4 ascending trendline, 50.0 Fib ratio, moving averages.
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Considering that price has broken the corrective structure counter trend line after rejecting the confluence levels, the price has the potential to move higher towards the resistance level.
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Be careful with your risk capital; it's NFP today.
Safe Trading!
Tracking 22000 like a hawk=> Here we are approaching oversold levels and smart money will be looking for bargains as we go into year end.
=> Key resistance near 22000 is approaching and as Quants unwind after spike in rates we have strong divergence between factor value and factor earnings growth.
=> We do not see a large panic move in play here at the moment. neither in cash or options. On the options side we see investors taking profits on the downside positions implying the move here is almost over.
=> The recent price gaps will serve as resistance however our year end target remains at 24500.
=> Good luck to those buying dips.
Long nikkie 225, tp at 22300 RR ratio of 1:1Overall bullish because:
1. Fib retrace at 61.8% and retested twice
2. MACD line cross above signal line
3. Last three bars are higher high
Expecting bar will break the downtrend line and come back to retest the trend line and finally take off for target line.
Set up a buy limit order at 21742, tp at 22390, sl at 21210, RR of 1:1.
Future of NIKKEIFor some reason my charts are having issues pulling up Volume Indicator.
Pull up charts yourself to see massive buy volume starting 2010-2012.
Do keep in mind even if US puts steel and Aluminum tariff, Asia still holds 2/3rds of worlds population and is the BIGGEST market
Though i am neutral at the moment, i am looking for Nikkei to continue its bull run return to 38,000. I am Long above 24,500.
If return to 18,000. i will be taking Long Options on it. My predictions come with a lot of research.
Nikkei (10/11/17) *A potential +600 point trade is unfoldingGuys..
Take a look. Yesterday Candle in Nikkei has caught my eyes.
It is clear a sign of strong bear is attacking back.
So, becareful with the long side now especially the price is below 22650 level.
If it goes lower It can swing to 22k level.
Since Nikkei is getting BEAR,jpy pairs shall be in bear mode too.
Trade Safe,
s0nic