Nikkei 225 JPN225 CFD
short at 23600 for target 23000 old support so is 580 pipsshort the nikkei at 23600 as all stock ,in oberboght + euphoria,maybe the mast rally before a big correction,but for now i will wait the real signal and play just sup and res
But true that is very crazy in stock market like just in feb 2016 you put just 10 000$ on nikkei who was around 14500 and now 2 years after at 23500//humm you get a big jacpot and same for all other stock just they down a little you buy again...totally a buble and for my view when it will corect strong will be a crach
short at 23600
target 23000
gain 600 pips
JPN225 NIKKEI 2018 & beyondI just love trading the Nikkei! Its been good to me in my very short career as a trader. I present to you the Cup & Handle pattern formation. A lot of traders do not believe this is an actual thing but it does exist and it does happen albeit not as often other patterns. The first idea I ever shared about a month ago was based on the C&H pattern formation. I didn't actually trade it, my analysis was after the fact loool! I was having a "Vision is 2020 in retrospect" moment and decided to share my findings. So generally I would put my money on a C&H setup.
So what am I saying here? Long term the Nikkei is still very much Bullish. The C&H pattern has formed and completed. We are now in the retest phase of the pattern. We have seen price break out in October and November and now December has started bearish. I believe this month is the beginning of the retest of the break out level, so for the next month or two the Nikkei will be bearish. Actually my colleague managed to cash in on the first day of bearishness on Friday and is looking to ride it further down to around 21200 then start looking for the LONG trade all the way up to around 30933. After the retest we will most likely see a very fast upward move. The minimum price objective for the C&H pattern is all the way up at 30933. Thats a lot of pips!
Seeing as though I believe that 30933 is possible, I went ahead and added an even longer term target which even I feel is a stretch but even stretches are possible okay... shoot me.. the market does what it wants and it may just want what I want looool! i mean we do have a clear uptrend in play and the way the fundamentals and sentiment are setup, the Nikkei may be just be unstoppable for the next few years.
critic, refute, agree
Mentors not Trolls!
JPN225 Long OpportunityFail to break new low will send it higher.
SL Below 22095
Targeting at 1. 22385 2. 22700
Trade carefully,
Thanks.
JPN225 ShortThis time FOREXCOM:JPXJPY will fallback. As you can see a SHS formation has formed.
JPY pairs are strong today.
KLoS NikkeiThe Key Levels of Significance I am watching on the NIKKEI.
Looking for a drive to 24000.
@ROCDJC
Short at 21470 target 21000 ahead of japan EclectionI short eh Nikkei who is in a very uprigh (vertical) wedge ahead of japan election buy the tumoir sell the news.
also the 21500 not seen since years and was monthy resistance
Overbougth sale as the dowkone and sp500 i think we are in a capitlisazion market or bubble is when the market price only the good news and nevermind of any bad news like he is waterproff to any bad news on geopolitical and also economy topic.
and have 2gap to be filled around 21000 and 20850
short at 21470
target 21000 in 2 step
with 2 opening position ,and will close the first position at my first target 21250
Stop loss 21660
RR 1/2.5
Short for 305 pips Nikkei at 21205 target 20905i Short the nikkei after he Breakout his 2015 high
he just for a technical pullback at the breakout level so at 20905
Enter at 21205
Target at 20900
Gains 300 pips
Nikkei 225 - Potential completion of a Bearish Gartley patternThe Nikkei225 showing a potential Gartley Pattern completion at around the 19900.
I would be more patient on this setup:
- The CD Leg move is has been very strong, hence it could take more time to stop and reverse at the PRZ
- I would like to see a reversal pattern at the PRZ
The H4 RSI is already at the overbought zone, hinting to us that the potential of a reversal
Nikkei weaker than expected. wash out possible.The scope of nikkei is the weakest among the global equity. It is expected as the nikkei is in a X wave rather than 5th wave like other major indexes.
However, the sharp decline today flash warning sign of another washout low. The pitchfork should hold.
If by any chance it breaks, the whole wave count should be expanded. That is very unlikely though.
Equity rally to be continue. Nikkei in wave XGlobal equity has bottomed. Although the Aug 25th Daja Vu is coming. I much prefer to buy dips this week.
Long Nikkei 225 @ 19,300; TP 19,683, SL your choiceLong Nikkei 225 @ 19,300; TP 19,683, SL your choice
JPN225 IN A POTENTIAL TOPPING LEVELJPN225 is in a good uptrend on daily. Harmonic pattern completed, let's see if it could be the starting point for a correction.
