NIKKEI225 trade ideas
A combination of Elliott Wave and Price action analysis $NIKKEIIn this video, you will see the importance of the Elliott Wave and Price action trading analysis on the $Nikkei example and what trade to place
JP225-JUN21 (4H) Bearish Wave-WeHi Traders
JP225-JUN21 (4H Timeframe)
A High probability, entry signal to go SHORT will be given with the downward break of 27590 after the market found resistance at 28358. Only the upward break of 28358 would cancel the bearish scenario.
Trade details
Entry: 27590
Stop loss: 28358
Take profit 1: 26403
Take profit 2: 25187
Take profit 3: 23204
Score: 8
Strategy: Bearish Wave-We2
Japanese stocks good opportunity ?Japan new covid cases are peaking again at 6k / day. Not seen since last wave mid January.
As a reminder, when stocks when the S&P500 was heading south because of a fear of a second wave, we ended up being on a pullback.
I believe the same is happening for Asian stocks.
Technically speaking, we are channeling down that gives us a good opportunity to buy on possible inflexion points.
I'll be looking to go long.
As always, like and comment !
NIKKEI ANALYSIS ON PRIMARY TRENDBeen a while guys, but we want to update the previous analysis where we discussed the pair equilateral triangles forming in price action. Stay safe as always, good luck
Waiting Best moment to entry LONG on NI225Nikkei has entred 3rd support area and hit the support trendline,lets see if theres any reversal pattern detected to entry long position,,theres a gap between 27359-27125,will this gap filled or not lets see,now still wait and see until next 1-9 days
NIKKEI225 going longTVC:NI225 is in a descending channel, but in a bigger timeframe it looks like a bullish flag to me. Besides that, it hit key Fibonacci levels rebounded from there. I am bullish until above 30000.
The fundamentals are still bullish for me as the opening-up party just begun. However expect wild swings, as the speculators tried to "price-in" the opening up with leveraged positions, so both long and short squeezes are ahead of us, so try this idea with small positions.
NI225 Range Swing BuyNikkei has come to bottom of range, bounced of support and so I'm expecting it carry on to the other side of the range. I've layered my stoploss for some insulation also
First meaningful correctionNIKKEI will have its first meaningful correction in the coming weeks
###NOT FINANCIAL ADVICE###
NI225 Market ProjectionsG'day Guys
Nikkei been moving up and down since Feb 2021.
Am expecting this month movement will be bearish to complete the movement cycles and high probability bouncing on the Demand zone.
Which is showing the Support level strong. This indicate they progressive recovering to pre-covid environment.
Let's see what happen next. Remember, Nikkei Movement relatively effect JPY currency.
Thank you.
WORLD MARKETS NEW BULL MOVE 5TH WAVE STARTINGThe chart posted to night is the ending of a 4th wave triangle a new bull phase is now starting !!!
Interesting fact read belowKongo Gumi is the oldest, continually operating company IN THE WOLRD.
As well, here are the next levels I'm interested in. Why ? Ask Powel.
NI225 Range BuyPrice has come down to bottom of the range activating my buy limit, I'm anticipating it will return to the top of the range with assisted volume from US markets open. I also have a stoploss below range low
2020 November 04 Pin Bar Trade Idea | JPN225Target Price 25263.84 ; 26701.44
EMA 10 Close 23549.03
EMA 20 Close 23496.56
Low 23501.39
