Japan 225
Nikkei Daily Update (10/11/17)23,000 acting as a nice retracement.
Support at 22,000
Awaiting retracement for a better low risk entry trade.
Disclaimer :
This analysis does not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose
Nikkei - $NKY - TrendFlex ActiveNikkei - TrendFlex Active Range
TrendFlex Active Score: .95 (moderately bullish)
Price Momentum: Positive
Volatility Range: 21,929 (top end)
21,420 (midpoint)
20,918 (bottom end)
*Note: TrendFlex Active provides a quantitative approach to intraday analysis. By matching up an asset's active score, price momentum and near-term volatility range, traders can decipher when trends begin and when they inflect. An overly bullish score, when combine with the top end volatility range is indicative of take profit or sell. Conversely, the opposite is indicative of a buy or cover.
Each asset profile will be valid only until the end of session. Headline risk may effect daily profiles.
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NIKKEI / M1 : approaching a massive technical resistanceThis analysis shows that several Elliott wave counts might be about to reach an end point soon (it's monthly based to this could take up to a year or two)
But if we compare this analysis to the one I made on SPX earlier something ticks me up. We seem to be far ahead on nikkei regarding the cycles development.
I'm wondering if the next crisis could come from Japan instead of Europe or China as most investors would bet on nowadays.
Today Nikkei is by far the most bullish index but my analysis tends to say it could also be one the first to reverse for a bearish corrective in two waves.
I'll closely have a look at what prices will do when entering this cluster area slightly above the current prices.
Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
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
$Nikkei takes on decade-long ResistanceAfter decades of trading below 21,000 this index is now tackeling the area again. It is currently trading within a Momentum move from 19,150 just about to break through the 22,000 level. If this break is successful in the longer-term, a complete new bull market could unfold. As mentioned in the youtube videos and indicated in the chart I have been long and I am holding these longs as the current move develops.
Nikkei Daily update (24/8/17)19300 is a nice support zone.
there is no nice candle to long at the moment.
next support zone if 19300 broken will be 18900
tradesafe
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.