Nikkei 225 Index
this index down 3 third wace and 4th bounces and again 5 th and again move up
everything is self explaination in chart please put stop below green line for target .
Global Markets Weekly Charts 🔴 Last weekly candle is a wide upthrust bar bearish candle. 🔴 Profit booking in the riskier asset classes & rise in DXY.
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...
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...
TVC:NI225 what you think what will be impact on other markets like us.
Nikkei 225 Index 1H TF Elliot Wave Analysis The Price is still consolidating in the Triangle channel as abcde, Nikkei could Retrace till 19987.31 to 19719.48 odd levels. The Index is still in Bearish Sequence TVC:NI225
Considering the retracement zones, a bearish grip could pull the Nikkei to near 18k price points. The Yen is losing it's haven-like reputation with Japan's national debt on the rise at almost 2.5x of GDP.
Wow its like 1990s again in Nikkei…Most overbought in 31 yrs..16% up in last 2 months.Not a single down day in last 21 days…. Rectangle breakout on its monthly chart….A throwback to 20,000 possible with upside target of 32500… may just fall short of 35000 of 1990s DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATONAL PURPOSES. NON ADVISORY,...
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.