NIKKEI 225: Next Move Weekly 12 - 16 AprWeekly Analysis for XAUUSD , you can start entry on breakout.
-AMD-
NIKKEI225 trade ideas
Japan225 still has some legs for a Long positionThe uptrend in the Nikkei is intact. I may have been a tad late to the party here for this bull flag but because I already have a pos in this ticker I will add to my trade using my own risk management rules. A break below 28318 negates the setup for those with diamond hands
Japan 225 Fibo RetracementJapan 225 will back to test 0,618 Fibo level after completing the double bottoms.
Nk long ideaBullish bounce from vwap, no trend - market is ranging. Targets at around day high/ top of range
Nk sell ideaCandles are closing below support, price has trended downwards. I think it can fall a bit further
nikke 225the leading index of japan is rising from the last bottom its looking for anew high after last pullback macd is positive on daily and 4H frame which is encourage me to take more long position spically when i keep in my mind the inflation effect right now these days on most of the market .
take this on your own responsibility
Japan 225 Index Long idea1. Uptrend in big time
2. Price broke last lower high
3. Waiting price to break pattern.
JP225USD SHORT to 28508 - TradeGod1708OANDA:JP225USD
ENTRY = 29229.3
STOP = 29335.0
TAKE PROFITS = 28508.3
Melt Up and then Stagflation NIKKEI 225 Melt-up and then stagflation. Fractal similar to 2017 - 2018 Bitcoin
NIKKEI a bearish long-term signalNot the most of encouraging formations for Nikkei as not only is the price struggling to break the 12-year Higher Highs trend-line (light blue zone) and has been consolidating on the 1W time-frame, but the 1W RSI is on its Resistance level too while the MACD printed a Bearish Cross.
Similar occurrences in the past have caused the index to pull-back to the 1W MA50 (blue trend-line) once and the 1W MA200 (orange trend-line) twice.
What about this time?
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BULLISH MOMENTUMTHIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY
ANALYSIS ON D1We had a previous discussion where we went through the triangle formed from B to D
We saw that the trend BCD was an equilateral triangle with average sides 112.6 units
Point E had an offset from the terminus of the side CD, that is its origin was lower than the ending level of CD.
From that origin at E to the current top on 16th Feb.2021 we had a magnitude 46.14 units
Average of sides of 1st triangle:
= V(BC) + V(CD) + V(BD) / 3
= (115.91 + 110.32 + 111.77) / 3
= 112.6 units
Current side from E = 46.14 units
112.6 / 46.14 = 2.441 ratio
Inverse of 2.441 = (1 / 2.441)
= 0.41 (approx. = 0.414 ratio)
0.414 is the complement of a root 2 rectangle
2.441 is a compound rectangle, that is Unity + Unity + Inverse of root 5
So the current top came in as a root 5 sub structure, the following correction has just made a double bottom on the 0.707 sacred cut section of a range completing the March Cycle low.
Currently, if this 0.707 section holds then price will continue a steady rise into the top of the range in the 33423 level.
The 0.707 section also coincides with a golden ratio of a range between 26226.9 - 29650 levels.
Price can make a first touch at the top of this range at 29650 and decline briefly before continuing the advance
Stop loss must be tightly set below the current low.
Trade safe, good luck
Japan 225 Index Long idea1. Uptrend in big time
2. Checked the previous bottom
3. The fork's support line checked
4. Dow broke in short time
BULLISH MOMENTUMTHIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER, WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO Uptrend YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY .
