NIKKEI - Bearish Gartley- Sentiment was improved last week, although I don't think it will last - Price completed the D1 Bearish Gartley combined with 1:1 and is now at the in the resistance Zone @ 33770 - Bond yields will probably not go up, so they are good alternative for stocksShortby PetrBorosh1
NIKKEI Elliott Wave Analysis for Friday 03/11/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, it looks like the wave Z is unfolding as an ABC structure. We are currently finishing wave B as an expanded flat05:27by AndyCuckoo1
NIKKEI Elliott Wave Analysis for Thursday 02/11/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, it looks like the wave Z is unfolding as an ABC structure. We are currently finishing wave B as an expanded flat.03:32by AndyCuckoo1
Bullish on JapanNikkei index looking much better than the SP500. 25-30 years of unwinding from the 1990's bubble in Japan. Price structure has changed to bullish. Seeking range highs, then cautious with the whole world economy as SPX falls.Longby Mind_422
NIKKEI Elliott Wave Analysis for Wednesday 01/11/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, it looks like the wave Z is unfolding as an ABC structure.04:50by AndyCuckoo2
A clear signal to sell NIKKEIThe JPN225 is still in a downtrend as per the Daily Trend line. This trend line is now providing resistance for this pair from rising. There is also a pattern to sell this pair on a smaller timeframe. The stop loss is above the previous high of 31450. Target will be around 30500 which will be awesome risk to reward. Shortby JD_TeenTrader2
NIKKEI Elliott Wave Analysis for Tuesday 31/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The wave Z has started and can unfold as either a WXY or ABC structure.05:56by AndyCuckoo0
Long Term Uptrend Broken - Sell Off?Looks like the long-term uptrend since the new year is broken in Nikkei. Yet, I will wait for weekly for the final confirmation. YCC is on watch. But, I don't think that affects Nikkei's outcome. No matter it's no change change, or an increase in yield, Nikkei will fall. The falling speed is the only thing different. But, I do think if YCC is tweaked, the Yen might find some strength in the short term. Strategy: A USDJPY long + JPN225 Short. If they increase interest rate, JPN225 outshines the JPY appreciation. If they don't, JPY would 100% collapse and the long term could be pushing to 160 range, thus doesn't matter.Shortby hweikang0
J225 Upside believer!! "MAYBE"the trend on the NIKKEI has been up on the larger timeframes which makes me a bull still even though the smaller timeframes say otherwise. I am expecting the WEEKLY support to hold and potentially break the first trendline, and target the second one for a potential rejection to where the higher timeframe UPTREND and the SUPPORT meet. which will make me for an ENTRY!Longby fan_hamadi0
NIKKEI Elliott Wave Analysis for Monday 30/10/2023 (+ Higher TF)In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The wave Z has started and can unfold as either a WXY or ABC structure.09:00by AndyCuckoo0
Nikkie - On target for 32500Trade is a few months old now and approaching close B,HF by hardforkyUpdated 4
NIKKEI Elliott Wave Analysis for Friday 27/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The wave Z has started and can unfold as either a WXY or ABC structure. 04:27by AndyCuckoo0
NIKKEI Elliott Wave Analysis for Thursday 26/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.06:20by AndyCuckoo1
NIKKEI Elliott Wave Analysis for Wednesday 25/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.04:57by AndyCuckoo0
NIKKEI Elliott Wave Analysis for Tuesday 24/10/2023In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.04:59by AndyCuckoo0
Shift Bullish alright... 1. Fundamentals point Bullish - COT Data - Seasonality - GDP - Inflation - Labour Market / unemployment - Interest Rates 2. Price has been bearish for quite a while now 3. Significant Value Area (VA) 4. Some more bearish signs though with more absorption that pushed price below POC. Lets see if we get some signals from the CVD (delta) for short absorption and short profit taking.Longby benjaminlombaert0
#Nikkei buying opportunitHello, traders and friends. I hope you all doing well. Let's delve into NIKKEI chart and explore why we believe there may be a potential Buying opportunity. The three-wave bearish corrective nature of this downward leg, following a bullish impulsive wave we observed on the chart, suggests the possibility of another bullish move, potentially testing at least the upper boundary of our longer-term bearish trendline channel. Supportive confluences that we have observed include the inner trendline, which has acted as both resistance and support multiple times, indicating traders' awareness of its significance. Additionally, the price has reached a static support line and a demand area from above, both of which serve as important support levels. Furthermore, the price retraced around 50% of the Fibonacci level of the last bullish move. Additionally, we've observed the formation of a 4-hour bullish engulfing candle, which can be seen as a trigger for this potential buying setup. If you have found this analysis helpful, please take a moment to leave a like and a comment or share your idea with me.Longby mohematiUpdated 111
JPN225 (The Nikkei 225) - SELL (Bearish)I have a Bearish Stance on the JPN225 (The Nikkei 225)...BUT price MUST BREAK Previous Day's LOW First! No Break, No Trade. - Previous Week's High and Current Week's Low Range Used to Plot the FIBO. - Previous Day LOW Broken - indicating lower price ( or it might be a false break... ) - Retracement to Congestion Area (Purplish Area) Prior to the Breakout of price that took out the Previous Day's LOW - 1:2+ RR - TP is Previous Congestion Area (Purplish Area) + Previous Week's Open (Yellow Line) - TP FIBO 127% and/or 168% Use at own risk...Am a rookie!Shortby DanWanCan1Updated 0
NIKKEI Elliott Wave Analysis for Friday 20/10/2023 (+ Higher TF)In the higher time frame, the primary expectation is that wave (4) is not finished yet. The price action we are seeing after the WXY structure still looks corrective which makes us call for a triple three or WXYXZ structure. In the lower time frame, we have two equally valid scenarios. The way down as a wave Z could have been started. However, we favor the scenario where we first see upside to finish wave X, followed by the wave Z down.14:15by AndyCuckoo2
NIKKEI Elliott Wave Analysis for Thursday 19/10/2023The impulsive structure up in the lower time frame is not coming. Instead, we have corrective price action. We believe wave (4) is not finished yet and we can see some additional corrective moves.04:19by AndyCuckoo1
Nikkei225/J225 Over the past year the Nikkei 225 has had growth that brought new market highs before settling into a clearly defined sideways move. A previous breakdown of the support area was brief before moving back into the defined channel. The second breakdown dropped to the previous market high before rebounding and then rebounding off of the support level potentially turning it into resistance. If the price rebounds of the level a second time it will be a good confirmation and an entry for a short. The price may find the previous high as a support level again, but if it breaks this it could be more fuel for the conversations at the moment by a number of analysts of an impending recession. This is my own opinion and your own research may be contradictory.Shortby Glen0190
NIKKEI Elliott Wave Analysis for Wednesday 18/10/2023The impulsive structure up in the lower time frame is not coming. Instead, we have corrective price action. We believe wave (4) is not finished yet and we can see some additional corrective moves.04:30by AndyCuckoo1
NIKKEI Elliott Wave Analysis for Tuesday 17/10/2023In the higher time frame, the primary expectation is that wave (4) has finished after a WXY correction. We had a strong reaction from the reversal areas. However, in the lower time frame, we are missing one more swing up to identify an impulse and the potential start of wave (5). If we do not get the additional swing up, we might still have further corrective price action as a wave (4).07:38by AndyCuckoo0