will nikkei Retrace?

TVC:NI225   Nikkei 225 Index
Nikkei broke the trendline today and closed around 16250. will it retrace again back to the trend line where fibbo of 78.6 lies. 16900-17110 can be a good zone to short. can long till 16900 with sl of 16050.
Trade closed: target reached

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