JAPAN225CFD trade ideas
Nikkei Came To the SupportNikkei Came To the Support, Monday we will see where it is gonna go. down or up?
Lovely Nikkei!!! My Big Bet Probably. SELL,SELLI will short nikkei , That's it. chart Explains why...You do what u do...
📈 Nikkei 225 Index Headed To ~25,000The Nikkei 225 Index (NI225) has been on a massive bull-run since 2008. Total growth goes beyond 470% from bottom to peak.
➖ The bottom hit late October 2008.
➖ The All-Time High (41,087.75) hit March 2024.
As the NI225 hits a new All-Time High many bearish signals started to develop.
To start, we have multiple weeks of bearish action.
The classic rounded top is already in.
➖ Other indexes such as the DJI, SPX & safe-haven assets such as Bitcoin are already on the retrace, coming off new All-Time Highs and multiple years of growth.
I see a drop happening based on the current chart.
👉 Main target sits at ~25,000.
First stop = 33,000.
Second stop = 28,000.
Third stop = 25,000.
It can go lower, depending on how things develop, and hit 20,000 which is a major support range.
This is not financial advice.
Remember to do your own research.
Thanks a lot for your continued support.
Namaste.
Three corrective waves! Or one wave higher then correctionEsteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
JP225 Buy SetupPrice above the monthly cloud timeframe
Price above the weekly cloud timeframe
Price above the daily cloud timeframe
On the H1 timeframe, I'm waiting for the price to move above the cloud to signal a buy setup.
NIKKEI VS JPY/USDNIKKEI VS JPY/USD
Both seems to be diverging which translates an inverse relationship. Strategy to follow here is as NIKKEI keeps up momentum, then short the JPY/USD is a good bet and Vice Versa
Japans Nikkei 225 Analysis | Will The Rally Last?Hey Traders,
The strong accommodation supplied by the BOJ with their rate setting approach has allowed for continuous growth in the japanese stockmarket.
This needs handling with care. Will it last?
Watch for more.
NIKKIE 225 in bearish using trend lineIf the NIKKEI 225 index is consistently trading below the trend line and the trend line acts as a resistance level, it suggests that the bearish sentiment is strong, and the index is likely to continue its downward movement. Traders often look for additional confirmation signals such as price rejections or bearish candlestick patterns to strengthen their analysis.
Expecting: Price to implied fvg then move back to mid point.Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area
iFVG is purple lines
JPN225 is showing divergence.JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
JPN225 is showing divergence.JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
TOP of wave 5 of 3 decline to start NOW I am now moving to a full 90 to 110 % long PUTS in spy and dia I am waiting to be filled in the QQQ puts at some point today We can see a cycle due 4/8 turn
JP225 LET'S FLY SELL ↘️
Its gonna hit the old SUPPORT TEMPLE .
A few lovely pips .
A Use your risk management carefully
Nikkei 225 in weekly outlookDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
Five waves! Is the 5th wave extended?Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
Nikkei225 held back by yen devaluationDuring today's Asian trading day, Japan's Finance Minister expressed concern over the yen's remarkable weakness against the dollar, reaching a 34-year low. Faced with this situation, the Japanese government is considering taking decisive measures, "Decisive Steps", as expressed by Shunichi Suzuki in autumn 2022, and November 2023, when it intervened in the currency and yesterday he repeated this expression again, forcing the aforementioned historical low to a new state intervention. From last Thursday until yesterday, Wednesday, the Japanese index corrected around 1000 points by -2.25% reaching 40181.08 points, rising again yesterday by 1.97% reaching 40971.02 points and closing the Asian session at 40589.65 points. These strong fluctuations coincide with two elements, on the one hand, as we said, the changes in the Yen, which has reached a devaluation high of ¥151.97 and reduced its price to ¥151.94 after the government's notification.
Markets are assessing the limits of Tokyo and the index in anticipation of significant government intervention, which may signal a new economic cycle high. Speculative investors may push for a devaluation of the yen against the dollar in this currency cross to benefit the market in the coming weeks. This move, a policy change since 2007, may have a significant ripple effect, especially as the yen is used in carry trades, where investors borrow in a low interest rate currency and invest the proceeds in a higher yielding currency. Japanese investors can also earn much higher returns abroad, depriving the yen of support from repatriation flows. During this quarter the yen has been one of the worst performing currencies falling 7% against the dollar.
On the other hand, the Nikkei 225 has performed well, closing the last session at 40791 points, up 0.73% from the previous session, with apparent interest from foreign buyers. An appetite for Asian stocks by non-domestic investors, especially those seeking to diversify in the face of the high appreciation of the main US and European indices. This, coupled with the affordability for foreigners to buy Asian stocks, is driving the index higher.
However, from a technical point of view, looking at the technical aspect, the currency has made several breakouts from the strongest trading zone, which is where the strongest trading zone is located, with a strong control price at 38432.38 points. The divergence RSI shows us 48.66% with the average being 57.33%, so there is no excess demand at this point. What does make a lot of sense is that during the Asian session the price has corrected along with the RSI in a very strong way, and it coincides with the news from the Japanese government. If the predictions of a correction in the price of the currency come true, the Japanese index could face downward pressure, looking for support zones around 40186 points, as it will be less interesting to invest in the Nikkei225 making it return to its current support zone. In the event that this prediction does not come true, and investors continue to maintain their appetite for the Japanese market, the index will continue to enjoy success and may once again seek the current highs at 41121.59 points.
NIKKEI-225 Analysis Indicates Possibility of CorrectionNIKKEI-225 Analysis Indicates Possibility of Correction from Historically High Levels
On March 21, the value of the Japanese stock index reached a historical maximum, exceeding the level of 41,100 points. This was facilitated by:
→ Weak yen supporting exporters. It increases the value of profits earned abroad for a large number of companies that sell their products abroad and then convert the profits into yen.
→ Demand for shares of Japanese companies paying dividends. For example, shares of air conditioner manufacturer Daikin Industries rose by 2.82%.
At the same time, the NIKKEI-225 chart signals indicate the likelihood of a correction, since:
→ The price is near the upper border of the ascending channel, from which resistance can be expected.
→ Based on the results of trading in the Asian session, a long upper shadow is forming on today’s candle – a sign of selling pressure (as shown by the arrow). It seems that the price of NIKKEI-225 is difficult to stay above the level of 41,000.
If the Japanese stock market follows a correction scenario, the price of NIKKEI-225 may be supported by:
→ the lower boundary of a steeper ascending channel (shown in purple), which runs in the area of the Fibonacci level = 50% of the A→B impulse;
→ psychological level of 40,000.
Bearish sentiment for NIKKEI-225 could be triggered by decisions from the Bank of Japan and the Ministry of Finance, which are concerned about the weakness of the yen — the USD/JPY rate is today near a 34-year low.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NIKKEI Gradually turning bearish for the next 3 months.Nikkei (NI225) has given us one of the best long-term trades last year (May 26 2022, see chart below), as we gave a signal for the most optimal buy entry one could expect, on the 10 year (since October 2012) Higher Lows trend-line, and from 26000 it has now surpassed 40000:
The question is obvious: what do we do from here, especially after the remarkable bullish start to 2024? To answer that, we have to to go to the logarithmic scale on the 1W time-frame and observe the Channel Up since the June 2012 bottom.
The biggest fact is that the current bullish leg of the Channel (since the March 2022 Low), has already surpassed the roughly +63% magnitude of the previous two legs by +3%. This suggests that we are forming the current Higher High but the 1W RSI hasn't yet made a Higher High of its own, so the rally may be extended for a few weeks more.
What has been very consistent though during this 12-year Channel Up, is the tops as identified by the Sine Waves. The next Wave Top is on January 2025 and that would be the time to sell towards a 1W MA200 (orange trend-line) test again. Nikkei though has formed the previous Highs on Double Tops, so it is possible to make a 1W MA50 (blue trend-line) correction now and then rebound towards January 2025 for a Double Top peak.
As a result, we now turn bearish on Nikkei for the next 3 months, targeting 36000 and after the 1W MA50 holds, buy again for an end-of-year target at 40000, before the next correction/ Bear Cycle starts.
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Is this a massive crab pattern?Japan recently officially announced a recession and then the BoJ raised interest rates for the first time in 17 years.
Which, of course, means Nikkei makes a new high for the first time in 30 yrs.
Because nothing is ever allowed to make any sense.
But maybe this is a massive crab pattern...
Which would make this a massive high.
Could be a larger expression the same type of pattern have have in SPX.
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If this fails, then it may be time to seriously consider the mega bull forecast I put out previously. I went long this in 2022 but got out while we were close to the high.
If the bear patterns fail, the case for a brand spanking new trend leg in Japan equities is viable.
But huge risk area here.
