Updated version of Chart Day 1 - NIKKEI Short at 19856, stop at 20000, target 18955 (new mode project) Many thanks to TimWest www.tradingview.com
Overall it's a downtrend. Today's bar is a range expansion down bar. Sell at 117.73 stop at 120 target at 111
From the lowest low on the chart, I see the most frequent prices last shorter and shorter. 11 days, 8 days, the current one is 5 days and failed to reach the target. Therefore, I think the uptrend is exhausted. From the visible profile graph, I see a strong resistance level around 20000. It is also a round number. Short at 19856, stop at 20000, target 19492. If it...