Hello traders,
Looking at hourly chart for Nikkei, we see a strong bounce at a major support level, and I expect 0.382 Fib bounce.
Target: 23000
Most likely it will form head and shoulders pattern before the market crashes so this will probably be a final chance to exit the trade if you have not exited the trade yet.
Happy trading!
Looking at hourly chart for Nikkei, we see a strong bounce at a major support level, and I expect 0.382 Fib bounce.
Target: 23000
Most likely it will form head and shoulders pattern before the market crashes so this will probably be a final chance to exit the trade if you have not exited the trade yet.
Happy trading!
Note
I see bearish divergence in 5 mins. I will close the trade a little bit early.Trade closed: target reached
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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.