Nikkei approaching resistance, potential drop!

By FlowState
Nikkei is approaching our first resistance at 21823.8 (76.4% Fibonacci retracement , horizontal swing high resistance, 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21414.3 (61.8% Fibonacci extension , 50% Fibonacci retracement , Horizontal pullback support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsHarmonic PatternsNikkei 225 CFDnikkeilongnikkeishortTrend Analysis
FlowState
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