JPN225 is on its all time high It has broken previoues 4H low and might go lower to the highlighted region
Looking to long the Nikkei from 38750. Indices are pushing strong at the moment across the board, and there is no reason yet to be bearish until a drastic shift in structure or in the fundamental outlook globally. Stop Loss on this position will be: 250 points to cover the H12 50MA Looking to take profits above the high for continued strength. Confluences: ...
Previous long area did not the support the JPN225 therefore interest is now aligned to the next area of long interest in the JPN225. COT data released Friday, shows us that institutions have been adding long positions to the JPN225 suggesting there is still a potential for a higher movement. Confluences for this area of interest to long: Big 23.6% fibo Retest...
After studying JPN chart for good amount of time, I came to conclusion that the price will go up in the next few days then, there's a high probability of reversal. After going up steadily for two months, the price has broken the structure and made L, LL and LH in all major TFs. The RSI showing a strong reversal divergence in M, and W and interestingly, bullish...
Reason: Market structure bullish Fair value gap (2h timeframe) break of structure COT have been buying it long last week which tells us that bullish momentum will most likely continue
1. 4hr bearish ob 2. Imbalance below 3. 4hr SSL 4. 1hr SSL 5. 30min SSL Looking for sells, but may want to tap into my 30min OB before taking that 30min SSL below.
Reason: Break of structure Market structure = Bullish Fair value gap
It appears that there is a bearish divergence present. This suggests that we can enter a short position, with a stop loss above the high, and aim for the recent low.
just posting so i can come back and check in a few months. nikki go up before it can go down. target 38-39k, then back down to support.
FOREXCOM:JP225 is aiming for 42k+. Bullish flag formation, close to breakout!
1. Descending channel 2 Overall buy 3. FSL 1hr 4. 15min Bullish Breaker OB That 15min Breaker OB was tapped into twice and not only that a descending channel was spotted and most of all overall uptrend shown. This trade was very clean trade.
NIK225 - 24h expiry We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 38910 level. We...
1. Daily bearish ob 2. 4hr bearish ob 3. FSH 4. Imbalance below to be filled 5. 1hr SSL 6. 15min bearish OB
On Friday, the rising sun market surpassed a significant milestone at 38,957.44 points, surpassing the 1989 trading level , just before the so-called "Lost Decade". During the period from 1991 to 2001, Japan experienced economic stagnation and price deflation, from which it emerged, albeit at a slower pace compared to other industrialized nations. In terms of...
The FX:JPN225 index is currently offering a modest discount following a nearly 10% return to investors in February, raising the question of its investability. A key metric to watch is the Topix Bank Index TSE:TOPIXB , which gauges the health of the financial sector. Despite today's slight decline of 0.50% in the FX:JPN225 , Japanese banks continue to perform...
It has been a delight to see this unfold particularly in light of fractals
Time to looks to Short or look for shorts in Nikkie index/jap225. Price has finished the price cycle now I'm waiting for bearish divergence on daily rsi to start shorting ofc all after LTF price action confirmation