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Nikkei 225 JPN225 CFD

Nikkei Bottom formation after 2008 crisis: take-aways BTCUSD Hello all, I'm trying to analyse several bottom formations of different asset classes in order to find key take-aways that could be useful for the BTCUSD bottom formation. On my profile page you can find the BTCUSD analysis based on the same principles. The Japanese Nikkei bottom formation after 2008 financial crisis: - Top 200 MA: 17 300 - Bottom 200MA: 8 752 - Draw a fibonacci retracement from top to bottom: Conclusions: - After heavy selloffs; 115% retrace from 200MA top served as support. - price levels below 115% got bought up quickly - Afterwards price was mostly trading in the 85 - 100 - 115 retrace channel from 200MA top - 200MA touched 100% retrace once. - Jun2012 - Dec2012 strong consolidation around 100% retrace zone with very low volatility. Link BTC 2014 Crash: - parabolic selloffs - price levels below 115% got bought up quickly shortcommings: - Prediction of 200MA trendline - Empirical analysis I'm looking forward to your feedback. Best, Bavo
TVC:NI225
by Bavo_DB
How long will the range of 22000-23000 last?I think that the range of 22000-23000 will not last long. Following the course, July 2: It penetrated down 22000 that is the neckline of the blue double bottom. July 5: It was bounced back by YPP (P) and returned to the range. July 9th and July 12th: It went up as attacking the short entry on July 2nd while swinging around. After the movement of attacking while swinging the breakout, the break succeeds after trying it a couple of times. Therefore, it seems that there will be some move to clearly penetrate the red line or break YPP (P) downward. Based on that, the latest is as follows. << tactics >> 1) MPP (R1) functioned as a resistance after failure to penetrate the red line. Short entry. The first limit is above MPP (P) 22441.9. The second limit is above 22000. The third limit is above YPP (P) 21488.5. 2) It went through the red line and 23000 upwards. I will observe to find the next entry point. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thick line: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red thick line: Untrustworthy line for me Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
OANDA:JP225USDShort
by fondiea
How long will the range of 22000-23000 last?I think that the range of 22000-23000 will not last long. Following the course, July 2: It penetrated down 22000 that is the neckline of the blue double bottom. July 5: It was bounced back by YPP (P) and returned to the range. July 9th and July 12th: It went up as attacking the short entry on July 2nd while swinging around. After the movement of attacking while swinging the breakout, the break succeeds after trying it a couple of times. Therefore, it seems that there will be some move to clearly penetrate the red line or break YPP (P) downward. Based on that, the latest is as follows. << tactics >> 1) MPP (R1) functioned as a resistance after failure to penetrate the red line. Short entry. The first limit is above MPP (P) 22441.9. The second limit is above 22000. The third limit is above YPP (P) 21488.5. 2) It went through the red line and 23000 upwards. I will observe to find the next entry point. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the text) Green thin line: Weekly Pivot Points (WePP in the text) Indigo thick line: Horizontal line or Trend line seen by weekly or monthly Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily Indigo dotted line: outstanding round number. Red thick line: Untrustworthy line for me Red curve: EMA 20 close Indigo curve: EMA 200 close Green curve: EMA 800 close Black curve: EMA 1600 close x mark: Line which may not function ------------------------- --------------------------
OANDA:JP225USDShort
by fondiea
3
USDJPY - watch for a bearish reversalUSDJPY is about to start a downride on daily as you see. It reached the fib arc and repeats the bearish reversal patterns from the past waves. Follow the price to complete that bearish pattern it copies from the past and once it hits the fibonacci arc, we go for a down slide. Then watch for reactions or pullbacks at Gann angles. Every Gann angle line acts as support which price has to break. We can also do Elliot wave wave count once price starts moving downwards. We take TP once Elliot wave 5 is completed! It agrees with our geometrical arc analysis on XAUUSD which is about to start a ride up. Gold and USDJPY 0.02% have negative correlation (-65.5 percent on daily), as you know. You can also short Nikkei (JPN225) as they have +78 % positive correlation. If one thing goes up the other down. Our analysis confirm this correlation.
Short
by ICFX
1
Nikkei 225: 7th June AnalysisMONTHLY CHART Price clearly uptrending, strong support at 21k, clearly rejected at 24k. Needs to create a solid area of resistance there, so expecting price to go up there and test if this level is really a relevant resistance level. 21k also a fib respectation, so decent support to range between those levels for a while (potentially) Conclusion: View is definitely bullish, but rejections mean a potential drawdown on its way. WEEKLY CHART Nice support and channel lines lining up to an area of potential support. View on this is neutral/bearish, needs to test that 21k level for further upside move. Conclusion: View is slightly bearish because of this sell off, looks like it already found bottom. Besides that, stay neutral. DAILY CHART Falling wedge broke out, structure is bearish on this one, expecting a move down. Maybe test the highs one more time. Conclusion: Bearish on this timeframe. Clear downtrend starting, looking for a test of the lows now, which is 22k. 4 HOUR CHART Steap move up, too steap to hold so it'll probably slow down in momentum and change direction here.
OANDA:JP225USD
by VanSteenMarketResearch
JP225USD with seats event I was asked to analyze this pair. I did not touch on the analysis of the smaller time interval, as there are a lot of complex corrections. It will take a lot of time. But I see the future of this pair. We have completed a zigzag correction in the framework of the 4th subwave. We see the opposite bullish divergence. At the same time, we are in the momentum of a larger scale. Therefore, within the framework of the situation, we will not go below the support channel. At the same time, the breakdown of this channel will take place when the 3 big impulse ends. Quite promising, look at the sliding area. I think there is definitely long
OANDA:JP225USDLong
by TimurKuspanov