Nikkei bulls checkThis does look like a possible retracement but the bulls might be in this one if Russia doesn't surprise us with some impact news today. If no up move comes with higher volatility I might revise this for an exit in case this is not a reversal of the down momentum.Longby nenUpdated 4
Nikkei in a bullish channelNIK225 - 24h expiry - We look to Buy at 32535 (stop at 32295) We are trading at overbought extremes. Previous resistance level of 33068 broken. A lower correction is expected. Short term bias is mildly bullish. Further upside is expected although we prefer to set longs at our bespoke support levels at 32770, resulting in improved risk/reward. Our profit targets will be 33135 and 33285 Resistance: 34015 / 35000 / 36110 Support: 32030 / 30800 / 29810 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.NLongby VantageMarketsPublished 2
#JPN225Awaiting further guidance after the fourth wave correction, pending the Bank of Japan's interest rate decision.Longby Fx_wujianPublished 0
SPY - NIKKEI225 - We're In The Great Depression + INCOME DATA Problem with monetary fiscal policy and debasement? your markets start to hyperinflation especially when you try to patch previous bubbles *cough* QT *cough* BTFP *cough* ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- The average net yearly income of Americans during 1930 was $4,887.01 Unemployment Rate (UNRATE) 8.7% AFTER TAX - $4,788 $4,788 in 1930 is worth $87,476.76 today ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- The average net yearly income of Americans during 1933 was $4,218.40 Unemployment Rate (UNRATE) 24.9% AFTER TAX - $4,045 $4,045 in 1933 is worth $94,935.84 today ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- The average net yearly income of Americans during 2023 $74,738. Unemployment Rate (UNRATE) 3.6% AFTER TAX - $57,237 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- CONCLUSION - The average American is 65.83% poorer than the average American during the great depression. Debasing the currency does not solve poverty and enhances it. All of this data is from the IRS FRED seems to not provide information prior 1960 now you know why they don't include this on the charts. Sadly I feel most people don't understand that what is coming is not a "recession" not a "08 RE crash" its going to be a foundational collapse of the entire US debt system / treasuries / stock markets / credit crisis / liquidity crisis. ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- United States Government Debt: % of GDP 2023 = 133% Japan General Government Gross Debt to GDP 1989 = 65% Federal Debt: Total Public Debt Q1 2023: 31,458,438 or 31.4 Trillion I'm personally putting a target for 2026 for the end of the US currency reserve system The only option here is to either print more 100s of trillions than Weimar Germany Or force the entire US & Allies onto a new dollar that will combine all G7 currencies. Hopefully people can understand why there's so much controversial developments on Russia & BRICS +, this current war is nothing to do with helping another country. Its because BRICS see's the end of the US system and they are preparing for it. (sources) www.irs.gov www.irs.gov Tax rates include normal taxes of 1.5 percent on the first $4,000 of taxable income, 3 percent on the next $4,000, and 5 percent on taxable income over $8,000, plus applicable surtaxes. Last law to change rates was the Revenue Act of 1928.by FederalXBTUpdated 221
POTENTIAL LONG TRADE SET UP FOR JPN225Asset: JPN225 Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Long Entry: Continuation Corrective Structure after the breakout. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly! #TheTradingAmbience 🙏🏽🙇🏽♀️Longby TheTradingAmbiencePublished 0
breakoutintended towards breakout, jpy will be moving upwards.... note. this is just for analysis purpose not to reccomand anyone to trade..by manojmanu05Published 0
Flat Pattern!!Wave 5Hello everyone, I hope your week is going well and that you're experiencing success with your business deals. I've analyzed some data using the Elliott wave principle and wanted to share two ideas with you. You can find all the relevant information in the chart attached. I appreciate your ongoing support and wish you all the best! Longby mehdi47abbasi79Published 6
spot on last waves up of Bull markets the chart posted was done over a week back it is and will unfold to cause a major bubble topby wavetimerPublished 2
JP225USDpremature buys on this cash index, nice to trade with low capital and big leverage for more meaningful return also a not too volatile. lets see the playLongby thabang01Published 1
Bank of JAPAN ready to print $$$$the chart posted is the japan 225 index and is now labeled We are ending a wave 4 of 3 or wave 4 of C now it is ready to rip by wavetimerPublished 1
ANALYSIS ON W1Nikkei is at a cycle point where it risks a big fall if the cycle structure is maintained It will be the third repetition of this construction in Nikkei In the previous two the cycle followed similar structure The fractal is the 3 year pattern in DJIA from May 1970 to January 1973 The time elapsed for the completion of the structure has been similar so far too Fractal in DJIA Current in Nikkei Trade safe, goodluck by Fairmont-MarketsPublished 2
Nikkei- Break of Double top's necklineLike most of the global indices, Nikkei also had a good run this year. However, since mid-June, the index started to lose its power and has drawn a Doube Top pattern on our charts. The start of the week brought the break under the neck-line support of the pattern and Nikkei could continue to the downside. Levels to watch for bears are 31100 old congestion which also coincides with the measured target of the double top and the important 30k figure. I'm bearish as long as the price is under 33200 Shortby Mihai_IacobPublished 443
NikkieExpect near term to short term correction to retracement as shown on the chart. Critical support at current level even as trend line breakdown has been witnessed. Negative divergence on RSI Macd is below it average as shown via macd histogram. As long as 34k is not crossed on closing use rise to book profit and can be used for distribution. Expect retracement as shown in chart to be testedby hitendravasudeoPublished 1
JPN225 BOUNCE OFF SUPPORT 1HJPN225 support and resistance, volume, and wave oscillator.Longby UnknownUnicorn116274Published 1
Nikkei to continue in a selloff?NIK225 - 24h expiry - We look to Sell a break of 32298 (stop at 32548) Selling pressure dominated price action yesterday and we expect this to continue today. Previous support located at 32303. With the Ichimoku cloud resistance above we expect gains to be limited. Further downside is expected, however, due to the strong support below we prefer to sell a break of 32303, which will confirm the bearish sentiment. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 31698 and 31598 Resistance: 33205 / 34015 / 35090 Support: 31410 / 30300 / 29235 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.NShortby VantageMarketsPublished 1
Nikkei bearish divergence on RSIAlso appears to be breaking a uptrend as part of a rising wedge TVC:NI225 by Jay1104Published 4
JPN225 - CTS Trade & Using the CORRECT Cypher Pattern ToolWe have a nice little bearish CTS (Combined Technical Score) setup happening here on the JPN225 with price action currently trading at a previous level of structure resistance. On the higher timeframe we already have a double top, with the RSI overbought & showing bearish divergence & on the lower timeframe we have the same setting up with the added bonus of an at market bearish Cypher pattern. *We also take a look at why it's important to use the CORRECT pattern drawing tool when looking at Cypher patterns. Please leave your questions & comments below & remember to show that rocket some LOVE! Your Trading Coach - Akil Short05:51by Akil_StokesPublished 226
Nikkei to stall at current swing high?NIK225 - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. A lower correction is expected. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Further downside is expected although we prefer to sell into rallies close to the 33177 level. We look to Sell at 33177 (stop at 33477) Our profit targets will be 32427 and 32227 Resistance: 34014 / 35000 / 36110 Support: 32610 / 32200 / 31410 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDAPublished 0
Nikkei 225: Bearish Divergence at Bearish Butterfly PCZThere is Bearish Divergence on both the RSI and MACD at the PCZ of a Bearish Butterfly, and there will hardly be any support until we reach the 1.618 Fibonacci Extension down at 18627JPY, but from the looks of it, it will likely be a very fast drop followed by an even faster recovery, but in the meantime the JPY could gain some strength.Shortby RizeSenpaiPublished 223
Nikkei to stem dip again?NIK225 - 24h expiry - We look to Buy at 32465 (stop at 32165) Price action has continued to trend strongly lower and has stalled at the previous support near 32712. A Doji style candle has been posted from the base. Price action looks to be forming a bottom. This is positive for sentiment and the uptrend has potential to return. Preferred trade is to buy on dips. Our profit targets will be 33215 and 33355 Resistance: 33205 / 34015 / 35000 Support: 32610 / 32200 / 31410 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.NLongby VantageMarketsPublished 1
JPY stock basket Reacts To US Dollar RallyThe past week has had plenty of developments for many financial instruments across all markets. COINBASE:BTCUSD has slid to the downside, Major US Indices have also see a decline. JPY 225, the major stock index in Japan has reacted quite aggressively to the movement of the US Dollar. The JPY 225 index is one of the indices we have identified to be strongly inversely correlated to the dollar index. As can be seen in the chart (The US Dollar index chart is the grey line chart). The reason for this correlation is quite lengthy. But it largely has to do with the US being the biggest consumer of Japanese manufactured products. That being said, we've seen the US Dollar index Break lengthy bearish trends this past week. And Subsequently, The JPY 225 has done the exact opposite. If we ought to trade the JPY 225, We would be looking for short positions. And as can be observed in the charts, those who trade chart patterns would identify Head and shoulder on the JPY 225- Signaling the beginning of a potentially strong bearish trend. The Market has also broken a bullish trendline channel which confirms a potential long-term reversal. In order to track the movements of major instruments we will look at how the dollar index moves in the coming week. Since there are plenty of US news this coming week, We will see how the overall market responds to those and adjust accrdingly. Share your thoughts and Let me know what you think about this analysis! Until Next time. Shortby Lihle_Jaza001Published 1
Nikkei 225 Short: End of Wave 5From Fibonacci extension level, we have potentially reached the end of wave 5. The recent up move is also preceded by a triangle. On my previous post on Nikkei 225 on a shorter timeframe identifying a h&s setup also confirms that the peak was in.Shortby sngyuchaoPublished 4
JP225 SHORTSJp225. Was trading in an uptrend .. but price started to range. Price broke the support of the range and the strong Daily uptrend with an increase in trading volume on the shorts. Strong sell for the assignment stockShortby kifordPublished 1