Possible Failure H&S below 26935 will confirm Breakout of Major Pattern Rectangle??
Wave count for NKD Wave count for NKD Wave count for NKD Wave count for NKD Wave count for NKD
Nikkei Futures (NKD) is presently at the 100% – 161.8% Fibonacci extension from February 16, 2021 high and the Index is searching for support. Short Term view suggests that the decline from November 16, 2021 high is unfolding as a 5 waves impulse structure. Down from November 16, 2021 high, wave 1 ended at 27390 and rally in wave 2 ended at 29420. The Index then...
Hi Traders Short trade on pure technical analysis: * Double Top pattern * Price broke neckline and re-testing the zone Risk / Reward : 1 / 5 Happy Trading
In this update we review the recent price action in the Nikkei225 futures contract and we identify the next high probability trading opportunity and price objectives to target.
Perhaps a relief rally back to a midrange on global equities then another leg down to all these prior all-time highs and massive volume shelves? just a thought
Hi Traders JP225-MAR22 (4H Timeframe) The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 27090 support level. Only the upward break of 27690 would cancel the bearish scenario. Trade details Entry: 27090 Stop loss: 27690 Take profit 1: 26775 Take profit 2: 26205 Take profit 3: 25325 Score: 9 Strategy: Bearish breakout
We are in Trading Range on the Nikkei 225 Dollar Futures . Like and Comment will be hugely appreciated, thank you so much for your support. See other ideas below too! RISK DISCLAIMER: Trading Futures ,Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
Very nice Head and shoulders forming here. Head and shoulders, knees and toes...
break down, little bounce highly likely due to biden speech but ultimately short
I cannot get as clean of lines in TV as I did in yahoo for this index. i.imgur.com I said yesterday it broke out, as it was just over recent downwards trend. (as you can see in the yahoo chart's screenshot, attached is my statement below) i.imgur.com This morning it touched the top of the longer term downwards trend. 29200 was my target, but looking at this TV I...
Bias more bearish considering all the bad news. Trade your plan
NIKKEI may rise to top of channel and support us-indexes in the day ahead before comming down further.
All the four charts are interesting to see, a) Nikki - broke the triangle as well as the 21 DMA b) FTSE, broke follow through and then failed closer to 21 DMA c) Dax had volatile week and just about to break the Triangle d) our own nifty in triangle 21 DMA is very far off. Clues suggest a) all moves are synchronised in that sense all looking south. b) we are...
Elliott Wave structure of Nikkei (NKD) shows incomplete sequence from February 16, 2021 high as well as from June 15, 2021 high suggesting further downside is likely. From June 15 peak, the Index shows a 5 swing sequence which is an incomplete sequence that needs further downside. The decline from June 15 is unfolding as a double three Elliott Wave structure....
29020 is the miner support Area 29100 is the trusted support Area and price also rejected. Long positions above 29050.00 with targets at 29200.00 & 29300.00 in extension. My predicted targets will be Tp1 29200.00 Tp2 29300.00.
Easier option than NASDAQ.? only 2 scenario which is angry bull coming 1.push one way to the resistance trendline then lets see what happend in that area,if its rejected and make some good reversal pattern i would say its going to challange the support trendline again,if its break through the next target is 30725 area 2.bit pullback to pick up some strenght in...