NIKEIE 225 INDEX

Updated
JPN225 forming CUP pattern in Daily chart
Formation of HANDLE is yet to remain
It is trading near to SEPT 2021( HIGH of last 2 year)
After forming HANDLE it will break SEPT 2021 HIGH
But befor formation of HANDLE it may come down.
It is contra call to SELL here for short term scalping.
Once formation of HANDLE complet and it will break SEPT 2021high
And than it will FLY on air.But befor that we can SELL ( with strickt SL)
Negetive diversion is also formed Formed

ONLY FOR EDUCATION PURPOSE
Note
Now it comes to 30587...it is forming hanlde

when formation of handle completed and if it break high of 31350 it wil fly up but till that it is in down trend
Trend Analysis

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