🚩 Red Flags in Trading Indicators: Will Nikkei's Rally Withstan
📈 This week's glimpse? A peek at a higher low forming in Weekly. And, daily charts show the market's 🚂 losing steam against the trendline wall.
🕓 The 4-hour RSI reads 'tired,' hinting at a need for a market breather. And the 1-hour MACD? It’s leaning 🐻 bearish, suggesting a heads-up for a possible downtick.
🇯🇵 Meanwhile, the Nikkei is playing strongman 💪 compared to others. Will it keep up the solo act, or is it heading for a sync with the market's mood?
🕓 The 4-hour RSI reads 'tired,' hinting at a need for a market breather. And the 1-hour MACD? It’s leaning 🐻 bearish, suggesting a heads-up for a possible downtick.
🇯🇵 Meanwhile, the Nikkei is playing strongman 💪 compared to others. Will it keep up the solo act, or is it heading for a sync with the market's mood?
Trade closed: stop reached:
Well stopped out on this one. Also here. Maybe stop to tight.