ITS A SURESHOOT
IRS MY PERSONAL STRATEGY
Its showing a good falling
Having a good potential
There is nothing to doubt
It have a great surety of FALL
Due to these reason
1.It have clear-cut neckline without any confusing chat
2. It have clear entry and Tp point
3. Sellers seems heavy due to volume
TVC:NI225
Nikkei 225 index is in range. Price was rebounding and reversing on support & resistance. recently price gone outside of value area tested strong support value area (Sky color) near 30700.
After testing 30700 market was on fire to inside big value area (Range). It's sign of buying in market.
Nikkei 225 MAYBE will go more upside near 32850 or 33000...
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...
We started to write about the ending pattern ni the Nikkei in late July, but if time was a science we could have said it will take another month to complete. The pattern did not change only the point where wave e ends did. We now have a breakout and a strong rally for Japanese stocks as the next impulsive rally begins. Japan longer term is a turnaround market in...
Disclaimer
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any...
NIKKEI
It is going to test back its historic peak form in 1990.
Historical monthly charts has shown negative divergence and has led to correction.
But once the higher top and higher bottom formation resumes or is being witnessed
then correction on the back of overbought or negative divergence on RSI can lead to higher bottom formation
in case of...
Om Namah Shivay
The Nikkei is on a bull run from oct 2008 bear bottom. We can base that and try doing a count up.
Focusing on the short term impulse, shows the nearby wave 5 possible.
This is for education purpose only.
Om Namah Shivay
