Get started
Japan 225

JAPAN 225 Daily

By Profound_Ambition
Updated
Sharp pin bar candle off all time high resistance level. The 2 zones below are where I will watch price.. This pair is correlated oppositely from the JPY, & is a good way to identify strength.
Note
snapshot H4: A doji candlestick leading with a strong bearish engulfing indicates a strong reversal can occur
Note
snapshot potential break above all time highs, if price retests broken structure as new support, we will see a move higher which will mean weak JPY will continue overall.
Note
snapshot Reason JPY is losing strength currently, break & retest of all time highs .
JAPAN 225jpySupply and DemandSupport and ResistanceTrend Analysis
Profound_Ambition

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.