PickwickTrading

Short term long and possibility of a reversal

PEPPERSTONE:JPN225   Nikkei 225 Index
After studying JPN chart for good amount of time, I came to conclusion that the price will go up in the next few days then, there's a high probability of reversal. After going up steadily for two months, the price has broken the structure and made L, LL and LH in all major TFs. The RSI showing a strong reversal divergence in M, and W and interestingly, bullish continuation from D all the way to 1H.
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