NIKKEI approaching resistance, potential drop! Nikkei is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 20303.4 (61.8% Fibonacci retracement, Horizontal swing low support)
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Nikkeilong
Nikkei approaching resistance, potential drop!Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement , horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Nikkei approaching resistance, potential drop! Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement , horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Nikkei approaching resistance, potential drop! Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Nikkei approaching resistance, potential drop! Nikkei is approaching our first resistance at 21088.5 (horizontal pullback resistance, 61.8%, 38.2% fiboancci retracement) where a strong drop might occur to our first support at 20355.7 (horizontal swing low support, 38.2% fiboancci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Nikkei approaching resistance, potential drop! Nikkei is approaching our first resistance at 21016.0 (horizontal overlap resistance, 38.2% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 18360.0 (horizontal swing low support, 61.8% fiboancci extension, 61.8% fibonacci retracement).
Stochastic ( 55,5,3) is also approaching resistance where we might see a corresponding drop in price.
Nikkei approaching resistance, potental drop! Nikkei is approaching our first resistance at 21081.4 (38.2% Fibonacci retracement, horizontal pullback resistance, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 20132.9 (horizontal overlap suport, 50% Fibonacci retracement).
Stochastic (89,5,3) is also seeing a bearish divergence and we might see a corresponding drop in price.
NIKKEI appraoching resistance, potential drop! Nikkei is approaching our first resistance at 21088.5 (38.2% Fibonacci retracement, Horizontal pullback resistance, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 20085.8 (Horizontal swing low support, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Nikkei Approaching resistance, potential drop! Nikkei is approaching our first resistance at 21088.5 (38.2% Fibonacci retracement, Horizontal pullback resistance, 100% Fiboancci extension) where a strong drop might occur pushing price down to our major support at 20085.8 (horizontal swing low support, 50% fiboancci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Nikkei approaching resistance, potential drop! Nikkei is approaching our first resistance at 20468.6 (100% Fibonacci extension, 23.6% Fibonacci retracemen, Horizontal pullback resistance) where a strong drop might occur pushing price down to our major support at 19334.1 (horizontal swing low support, 76.4% fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
NIKKEI approaching resistance, potential drop! Nikkei is approaching our first resistance at 20899 (100% fibonacci extension, 50% fibonacci retracement, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 18995 (61.8% fibonacci extension, horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Nikkei approaching support, potential bounce! Nikkei is approaching our first support at 21277.4 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 22721.4 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastics (89,5,3) is also approaching support and we might see a corresponding bounce in price.
Nikkei appraoching resistance, potential drop!JP225USD is approaching our first resistance at 23123.0 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 21834.6 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Nikkei is approaching resistance, potential drop! Nikkei is approaching our first resistance at 21856.1 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 20680.6 (100% fibonacci extension). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price.
Nikkei is approaching resistance, potential drop! Nikkei is approaching our first resistance at 21887 (horizontal pullback resistance, 100% fiboancci extension, 23.6% fibonacci retracement) where a strong drop might occur pushing price down to our first support at 20680 (100% fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (34) is also seeing a bearish exit in line with our bearish bias.
Nikkei approaching support, potential bounce!Nikkei is approaching our first support at 21624 where a strong bounce might occur above this level pushing price up to our major resistance at 23080 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (55,5,3) is also approaching support we might see a corresponding rise in price should it bounce off this level.
Nikkei approaching support, potential bounce! Nikkei is approaching our first support at 22171.7 (horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 23673.3 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching support where a bounce off this level might see a corresponding rise in price.
Nikkei approaching support, potential bounce! Nikkei is approaching our first support at 22205.6 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur pushing price up to our first resistance at 23673.3 (horizontal pullback resistance 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Nikkei approaching support, potential bounce! JP225USD is approaching our first support at 22205 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 23673 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Nikkei approaching support, potential bounce! Nikkei is approaching our first support at 22205 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our first resistance at 23066 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.