Range bound Nikkei, Bullish mean rev

The range bound Nikkei is rebounding off support at 25,750 and heading back to the mean at 27,875 and possibly to the resistance at 30,000. The last pivot low has created bullish hidden divergence which could mean the Nikkei breaks out of its range and rallies higher.
Chart PatternsHidden Bullish RSI DivergenceTechnical Indicatorsmeanreversionnikkei225traderange

Also on:

Disclaimer