The index is approaching the 20,970 1W Support creating optimal conditions for a long term buy towards the 23,000 Resistance. Nikkei is on an uptrend since the December bottom (1M MACD = 405.550, RSI = 50.348) and only a breach of the 20,360 Support can distress that. The Golden Cross (MA50 over MA200) may come later to confirm that. We are long on NI225 with TP = 23,000.
** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
Telegram: t.me/investingscope
www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial