Jpn225 - bearish outlook on the japenese nikkei index as price action is pressed below weekly supply. Current strength in jpy could continue if nikkei takes a dive.
The Nikkei has a potential Ideal Gartley formation, it's still early to tell, but if it gets there there is a huge opportunity to short the japanese index
If you don't know how to operate correctly this type of patterns it's better to stay out
For targets: divide the position in three parts, then you can trail the last part until it reverses and touches your...
My favorite formation. Although this in only within a small channel. There may be a nice trade setting up. In the past I thought I had missed it. Two ways to trade. Buy the retracement or wait for it's completion then sell if it meets your trading goals.
Protect then profit.
Price is in the cloud. We have range market conditions confirmed by DMI. RSI confirms price reversal from Senkou A and we have a signal for opening short trades below the low of the signal candle. Stop orders should be placed above 16750 and take-profit orders near Senkou B.
