sngyuchao

NIkkei 225 Short: Potential H&S Setup

Short
sngyuchao Updated   
OANDA:JP225YJPY   Japan 225 (JPY)
As shown in the chart, it is possible that Nikkei 225 is going to see a fall to the support later today and continue falling through to reach the initial target of 32580.

A stop loss at 33808 and entry price at 33510 will give us a RRR of 930/298 = 3.12. Or a late entry will still be around 3 for the RRR.

Good luck!
Comment:
First leg reaching near to the target point. Let's see if it will break down below the neckline.
Comment:
Well, I guessed you kinda reached the target.

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