JAPAN225CFD trade ideas
Nikkei 225 Formed V-Shaped Bottom, Target at 31,000Trend Analysis
The main view of this trade idea is on the Daily Chart.
The Nikkei 225 Index appears to be breaking out of its downward trend channel that formed in September 2021. The breakout appears to be from the V-shaped bottom in the Index over the last month and a half. Expectations are for a continued rally towards all-time highs, around the 31,000 price level. This view will be negated if JP225 were to decline back below 27,000.
Technical Indicators
The technical indicators corroborates this view. The JP225’s Supertrend is back in buy-mode after the Index crossed above 26,000. Also, JP225 is back above the Daily MA, the 1st time since early January 2022. The Awesome Oscillator is above 0 and green while the RSI is above 50.
The intra-day trend following indicators of the Nikkei 225 Index also display uptrends in the 15-Min, 2-Hour and 4-Hour Time frames. Short to medium term support is seen around the 27,300-27,500 price range.
Recommendation
The recommendation will be to go long at market, with a stop loss at 27,000 and a target of 31,000. This produces a risk/reward ratio of 1.94.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
Japan 225 Approached Buy ZoneLooking long from the buy zone highlighted previously to the first upside target then second to follow.
Check linked Idea...
Nikkei (Japan 225) Upside Target 28600 - 30000Overview and identified market structure, setups will based off PA confirmation around our zone. Stops will then be strategically positioned.
NI225 Japanese Stock Exchange Looks Bearish Weakening of USD/JYP.
Weakening of US dollars.
&
Charts of Ni225 looks bearish.
JP225USI......D= update
= There is a triple trend that must be overcome
= Draws a head and shoulders pattern
= The expected scenario is that it will rise to 27951.4 to complete the formation of the head and shoulders, and then we get the following targets: 29413.5, then 30835.2
W10-A1 _ JP225Different Scenarios based on strategy parameters;
DOW Theory
Candlestick Pattern
Support and Resistance
Trendlines
Fibonacci
Chart Patterns
Seasonality
Divergence......
Bullish possibilities with JP225USDIn the picture above, we can see that price broke out of a falling wedge pattern in an impulsive manner before entering the current correction phase. Going long at this moment is premature however my strategy indicates this moment as an early entry signal.
Nikkei 225(Confirmations)
1. Entered play because i'm getting rejection on my FIB almost at my 78.6
2. Had a doji close on the 1hr
3. Nice long with at the bottom of candlestick
4. Been in trade for less than 10 min and since price is pushing i'm already in profits
5. Opened 3 trades at 0.30
6. On the daily my 50 Moving Average is still under price.
7. Right now is prime time in Japan. Market barely opened
8. Entry : 27516.36, Exit : Around 28028
Nikkei PlanPrice has hit the trendline and rejected nicely. Price now create an inside bar and decision will be based on the next candle after the inside bar.
Plan 1: Sell when next candle breaks down the inside bar
Plan 2: Buy when next candle breaks up the inside bar
Target will be next support or resistance
JPN225 Risky Short !!
JPN225 is up, but a resistance cluster
Of the falling and horizontal resistance at 28177
So I expect a pullback and a move down so we will see a bearish correction in the Yen crosses
JP225USD Looking bullishBullish factors:
4hr trend-bullish
break of descending triangle
above 100 EMA
JP225USI......D= There is a triple trend that needs to be overcome
= Draws a head and shoulders pattern
= The expected scenario is that it will ascend to 27951.4, then fall to 26374.5, then rise to 27951.4 to complete the head and shoulders pattern, and then we will have the following targets: 29413.5, then 30835.2
Potential upside for Nikkei 225My view on Nikkei 225. Reason to my bias is that Yen is weaker then Usd & they have a negative correlation with Nikkei so far. Also major trend is still bullish.
TAYOR
NIKKEI 225 INDEX Bullish Bias! NIKKEI 225 INDEX traded in a tight wedge and it was broken
We are witnessing a bullish breach of the wedge,
and it is expected to retest the horizontal support at 26175.00 before moving up
It seems that NIKKEI 225 is destined to rise and retest the 29200.00 level
Ichimoku: JPN225 The past two successes.
The past two successes in Link below
if you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
My trading behavior report is available at the link below.
I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and stock indexes.
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Japan/Nikkei 225Hi Guys, am looking at this being a possible good index to trade during the Tokyo session. Sorry I wasnt able to place the fib tool correctly so decided to exclude it for the time being. Currently this index has tapped into liquidity as the most recent highest point (resistance) is at 25,749.10 on March 11, 2022. I believe, based on past performance that it can sell off from this area.
Any thoughts on this?
NIKKEI Long From Support! Buy!
Hello,Traders!
NIKKEI is about to retest a horizontal support level
And a bullish rebound is to be expected
According to technical analysis
With the target of retesting a local resistance above
Buy!
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