Nikkei Japan Stock (4/12/17) *Bears are still lurking

Nikkei ends with a rather heavy candle on last Friday, which is leaning toward Bear.
The market can be irrational sometimes.
But watch big levels such as 22900 or 23400 level, once they are broken up "strongly", the sell idea is no longer valid.

So, the question is "what if" these levels are not broken up, Bear will do just fine.

Trade Safe

s0nic


P.S I am bullish on Yen too, aka bearish on jpy pairs in the longer term.

Comment:

Go in our direction!

Comment:

2nd trade in on the way to TP.

I have made it risk free now.

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It is now at a decent support.
Late to short but it is still favorable decision as it can go lower.