JP225 trade ideas
Major Indexes are resilient but may be due to selloffThe world is focused on the US indexes which have recently broken down out of the uptrend. The question is now whether there is more downside to come which could turn into a major selloff after such a big Fed Fueled pandemic rally. I take a look at the price action and major levels of the Key Indexes.
In the US - DOW, SP500 and Nasdaq
Europe - DAX, FTSE and Eurostoxx
ASIA - ASX200, Hang Seng and Nikkei
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J225 short idea 15minThis is my setup for short nikkei . ithink the high for today is over , and will make new low!
Nikkei 225 - Bullish upside returning. A repeat of the historyObserving from the descending channel (green line) we could see that it is a fractural kind of pattern in the corrective wave settings. Furthermore, we have been in a larger complex triple three waves and as such, we believe that the upside is returning.
On the chart pattern front, inverted head and shoulder is seen and with the resounding morning star pattern, the Japanese is likely to see a return back to the 30,000 level Banzai!
Nikkei 225 - bullish - not sure when. A couple of bullish counts for Japanese equities despite the increased volatility at the moment. Just not sure if the wave 4 correction is over or has further to fall. Price action should provide an answer sooner rather than later.
NI225 Japan recovered lost decades; retested H&S & lower channelNikkei 225 have finally recovered from the lost 3 decades. It BO & retested the neckline of a BIG H&S
Pattern stretching almost 3 decades from 1992 to Dec2020.
It also retested the lower side of a big upchannel, rise up to be rejected by the median line of channel.
It has to hold the strong yellow support zone at around 27000 to be bullish enough to break through median.
However, it may still go down to retest the green zone near 25175, or lower channel/neckline, before a true rally may begin.
Not trading advice
jpy indeal ready to reversal are you ready ?jpy indeal ready to reversal are you ready ? i m expecting now time bearish reversal we buy at demand zone long term
NI225 : 10% Down ?
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Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
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
