NI225 - Longs - BreakoutThe Nikkei broke out of a Descending Triangle pattern to the upside - watch closely to see if price can hold above triangle.
JP225 trade ideas
CTS - #Nikkei225This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual.
The author of the analysis specifically disclaims any responsibility for any personal or other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
Be patient , await the breakout then go BIG in Japanif you have waited 8 long months, what is 1-2 weeks more ?
You can see that the price may be rejected once more at the bearish trend line and continue the sideway moves for a while more before we see the breakout.
OR
It could as what I like to see, a breakout followed by bullish pattern so that I can get in and go long, haha.........
Stocks - Nikkei on Last LegsIdea for Nikkei:
I'm waiting for Asia markets to drag down US markets, but why not just short Asia itself first?
- The sugar rush of QE is over, and Japan is rolling over. Expecting its bear market since Feb to resolve in a capitulation at least down to a monthly support.
- Nikkei under 100D and 9M and at critical support. (50W)
- Expect to quickly capitulate to 24k~ support levels when this floor breaks.
This is not US markets, which rises based solely on gamma, and the slowing global economy is weighing down on it. IMO, any rips here should be sold.
50W:
20M:
GLHF
- DPT
been a whileI think the setup explains the double top
I also saw a divergence
And am expecting it to respond today
Finally yen index is rising meaning nikkei goin to dip
The inverse correlation of exports benefiting of struggling economy
Just focus on the patternIgnore the wave count, just focus on the pattern, there is a clear Zigzag with a Triangle wave (b),
therefore more upside is expected in Nikkei 225 ( NI225 )
Time to cool off a bit.We love a good cool down period on the jpn225 index. Driving the xxxjpy cross pairs to the downside.
Death cross is here.After a major bull run, we can see a death cross forming.
What is a death cross?
The death cross is a chart pattern that indicates the transition from a bull market to a bear market. This technical indicator occurs when a security’s short-term moving average (e.g., 50-day) crosses from above to below a long-term moving average (e.g., 200-day).
The indicator gets its name from the alleged strength of the pattern as a bearish indication. In short, traders who believe in the pattern’s reliability say that a security is “dead” once this bearish moving average crossover occurs.
Three Phases of Forming the Death Cross:
There are three primary phases in the formation of the cross of death pattern.
The first phase involves the existing uptrend of a security, when it begins to reach its peak as buying momentum tapers off. Then the price begins to fall as sellers gain the upper hand in the market.
The second phase is the decline in the security’s price to a point where the actual death cross occurs, with the 50-day moving average falling below the 200-day moving average. This downside shift of the 50-day average signals a new, bearish long-term trend in the market.
The final phase occurs with the continuation of the downward movement in the market. The new downtrend needs to be sustained in order for a genuine death cross to be deemed to have occurred. If the period of downward momentum is merely short-lived, and the stock turns back to the upside, then the cross of death is considered a false signal.
Break below immediate support level22Aug 2021
Break below 27300 support.
Eying at 26200 next support level
Congrats if you join us.
INDEX - Nikkei 225 - Model ForecastModel Forecast for NI225:
- Line of Least Resistance EW Corrective Wave found.
- Wolfe Wave at Top Distribution Level.
- Weakening rally rejected at top of channel.
- This time the support will break.
- US Markets to follow.
Soon the V's will stop. Easy come easy go.
GLHF
- DPT
#Nikkei #NI225 #IndicesI am on the bullish bias of this market. A simple supply and demand concept highlishts a bullish continuation pattern
Possible Uptrend of JP 225 Based on it's price movement, JP225 shows its uptrend direction. Green bars are stronger near support area
JP225 after we breaks our structure still bearish trend not verified hence we are anticipating to see price back to our key level and we wanna react accordingly to what price tell us but obvious bearish bias on our mind PROBABILITY ,POSSIBILITY VERSE VERSA
JP225USD Great opportunities aheadI am currently long in this pair since the previous idea that I posted I think last week ago. I have managed to scalp this pair on multiple occasions with great profits. Although long term I do expect price to break from the pattern that has formed, has of right now this are the movements that price could provide us on the four hour chart. After completion of current move is complete and price reaches marked area, it could provide with two profit target levels for shorts, and then long opportunities could be taken again. Either the one marked on the first arrow or the second one. A position could be opened if, and only if, price manages to reject on multiple occasions the marked area. Entries could be taken from your preferred entry strategy e.g. Wyckoff Schematic on lower timeframe, Fibonacci from smaller swings, etc.
Descending Wedge into Death CrossThe NI225 has formed a descending wedge pattern that may cross over the 200/50 Day MA to form a Death Cross.
Last NI225 200/50 Day MA Death Cross was the result of Covid Shutdowns in March of 2020.
Nikkei 225 looks tempting
11% already looks tempting
good idea if you wait for the bigger move down
also good to go directly if you are more like an investor :)
NIKKEI is in diagonal, bounced down towards $22,600It seems like building 3x3x3x3x3 ending diagonal structure since 2016. Each wave subdivides on 3 (ABC) with pretty equal A and B. This hypo will be confirmed if now it goes towards 22,600 - which may be a good opportunity to buy in.
