Nikkei 225 heading for an upside break. Banzai!
Nikkei is heading for another potential upside after the ascending triangle's resistance is weakened after multiple testing. The ichimoku is showing a strong bullish signal as well.
Note
Upside played out. However it fails to meet at the target resistance. Strong supply is seen at 29,159 instead of the intended resistance. Hence, it is making a 3-wave correction.
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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.