Nikkei 225: Resistance becomes support at 20963Resistance at 20,963 established in May - Aug 2015,
has now become support.
Bullish trend is intact.
Japan 225
Long on Japanese EquitiesShould equities break down further I will buy at these levels. Note that today (Mar 25) it is resting at support but other equity indices eg US have further to fall, so I think more decline is possible. And if so this is where Id enter
Nikkei 225 in diamond patternbuy: if price breaks out of this pattern to the top with 1. aim 22.143 pt (fib retracement 78.6%) and 2. aim at 22.763 pt (swing trend line)
another active chart pattern is the existing trend channel which can be considered as strong because it has been tested on the downside several times and the index is sitting just on this limit; so a break of this line signals falling prices
stop: when price breaks through the bottom line at 20.930 pt
indicators: weak - so be careful
NIKKEI ACCURATE DAILY TECHNICALSNIKKEI JPN 225
To open LONG positions for JPXJPY , it is required:
NIKKEI is targeting 23000 to form a double top before a large market correction. Indicators are approaching positive conditions on our system & a breakout has occurred to the upside territory to confirm trade entry but if the market trend continues to range this signal will become invalid. Market execution for entry, I will confirm signal once the conditions have been met.
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Profit expectations: 15-30 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
Nikkei (Japan Stock Index) *So, now you know it is BearishIt is true that xxxjpy pairs should be a long-term down-trend and so is Nikkei.
Now. I am seeing a potential oversold situation, as a lot of noobs has jumped in the sell wagon and it 'may be' time for a swing up to hunt their stop.
So, if you are looking into short. Stay light.
I expect it shall back go down sooner or later. Stay Alert guys.
Trade Safe
s0nic
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The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We,Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Nikkei testing major resistance, potential upcoming drop!Nikkei is testing major resistance at 22178 to 22360 where we can see strong fibonacci retracement and fibonacci extension along with horizontal overlap resistance. What is nice to see is that there are multiple stochastic reactions that has occurred at that level too.
Major support is at 21700 which is a strong fibonacci retracement, extension and overlap support.
Nikkei testing major support, watch for the break!Nikkei is testing major support at 21700 which is the 38% retracement and 61.8% extension along with a strong overlap support. Breaking this level could trigger a strong move down to 21353 ( 61.8% retracement , 100% extension, horizontal overlap support).
It's important to note that RSI has broken below our strong 50% support signalling that a potential bearish move is on the horizon.
USDJPY gaining steamUSDJPY seems to have found a bottom but must break above the bearish trend to well and truly confirm a bullish move. With Fed minutes coming up and the Dow/Nikkei 225 looking stable, we may indeed see some rational and calculable moves from this pair in the coming days.
Please comment below what you think!
Nikkei approaching major support, potential for bounceNikkei is approaching major support at 21700 (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Ichimoku cloud support) and there is a potential for a bounce above this level towards 22360 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (55) sees strong support above 50% which is the level that would maintain our bullish bias.
Bear Unleashed Nikkei 225Nikkei crossed the R & S area very fast ... if it reaches the "strong support" point within angle 1/4 it is very likely that it will rebound to the R & S area and continue descending for which a new analysis would be needed.
As always the R & S (21800) area can provide an escape point, hard to believe seeing the conditions and trends around the world but ....
Let's see how it develops.
Nikkei - Long Term Hypothesis 1I have two hypothesis on the current situation. Both hypothesis begin in Nov 2012 @8661. The first hypothesis is that since 8661 there has already occured a whole cycle, 1-2-3-4-5-A-B-C, ended on feb 2016 @14915, and that we are now in the beginning of wave 5 of the second cycle.
For this hypothesis to be upheld, Nikkei must not go below 21100. If this level acts as support, a 4794 points extrapolation of wave 1 should send the Nikkei to 25863 before yearend.
There is a chance this hypothesis is not correct, and that we are now entering wave 5 of a bigger cycle that began @8661. In this case the chart would be showing only 1 cycle instead of two. If this is the case, then wave 5 should extend to 28320. This chart will be posted soon.
Cheers
China Blue Chips: BTFDMCHI tracks the big China blue chips
China and Japan possibly oversold from the last week of selloffs.
N225 and HSI
Now that the DJI, IXIC and SPX have found a bottom (hopefully) expect Asia to bounce.
Got in at 70, looking to sell over the week at 76-78
Nikkei Daily Update (25/1/17)Seems like a good short is going to happen.
With 24100 acting as a resistance, price should easily visit the support at 23000
Do note, overall is still in a nice uptrend.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
S&P 500 vs. Nikkei 225 Hi guys. It has been statistically proven that the Nikkei 225 has some degree of predictive power in reference to the S&P 500. In my humble opinion we see the beginning of a diversion in the chart. Thank you for taking a look.
NIKKEI / W1 - H1 : Very nice resistant cluster to trade.We're now reaching the possible end of the weekly bullish trend and could top up near the heavy cluster of fibo targets.
The "short term" (H1) setup tends to show signs of weakness as well and could validate a massive taking profit reactions from investors (moreover if the yen tends to strenghen which I also expect)
I ploted the expected wave projection on the H1 chart and the target zone in which I'll be searching for short entries to trade the weekly reversal.
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
nikkei 225: strongly long..!TVC:NI225
the trends in indecies are much smoother then in fx..!?
dow 30, sp500, german 30, ..etc are very bullish in our view.(for the short period of times coming, as the crash of global markets is very imminent)
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
Nikkei: Why Mess Around With The Dow Or S&P? Better Opp Here! I keep getting asked how high will the stock markets go? My answer is.....I DON'T KNOW! I'm not a fortune teller after all! Just your humble little chart analyst! And My analysis is has been telling me that the Nikkei should retrace in a wave (4) now. Actually, I had advised my followers to sell this back in November of last year. Been holding that SELL since then while watching it slowly inch upwards. Sticking to my initial analysis back then that said to SELL, it is now looking again very much like a corrective wave (4) is about to start. Its a better trade than when I sold this back in November. Just put the stops above the wave (3) highs and you got a good risk:reward trade.
