Timonrosso

UPDATE Nikkei reached first target at 32,652

Long
VANTAGE:NIKKEI225   Nikkei Index Cash CFD (JPY)
W Formation formed on the Nikkei.
We then had a strong breakout with high inclination.
The price has since rocketed to our first target.
7>21>200
RSI>50
Target 32,652

It's still extremely bullish, but we can expect the price to come down consolidate in a range before we get the next buy signal.

I'll let you know.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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