NIKKEI 225 in a daily rangeNikkei consolidates its upward movement of recent months in a daily range between 30500 and 33800. We buy the low at 30500 and short the high at 33800. -If a bullish break of 33800 the scenario is canceled and the next medium term objective will be 38000Shortby UnknownUnicorn661776171
NIKKEI 225 : SHORT TERM BULLISH APPETITE- The market is moving sideways, with no new lows or highs since summer 2023. The long-term trend remains neutral. - In the shorter term, the market is locked in a trading range (orange) of around 1600 points, framing prices between 32,230.0pts and 33,855.0pts. At the beginning of December 2023, after hitting the lower limit of its trading range, the market recorded a strong rebound leading prices to their upper limit. Since then, and even if the market has not managed to clear its first resistance level at 33.855, prices continue to move above a medium-term bullish trend line. Even the recent earthquake in Japan a few days ago failed to reverse the bullish sentiment on the index. The two moving averages remain bullish, providing dynamic support for prices while the RSI indicator confirms the continuation of the short-term bullish scenario by displaying no break in its trend line. - As long as prices remain above 33,000.0 points, the bullish scenario should prevail in the short/medium term. The next target remains around 33,855.0pts while other resistances can be located around 34,460.0pts, 35,450.0pts and even further if the market ever breaks out of its trading range from above.Longby ActivTrades2
Diagonal for the fifth wave?? or the extension of the market treHello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market. Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision. To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand. I hope my analysis will be useful to you in your business journey, and I wish you the best. I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely, Longby mehdi47abbasi799
JP225 - BULLISH "Observing a bullish sentiment in JP225 with a potential market structure shift. Considering entry aligned with Fair Value Gap (FVG), setting stop-loss below recent swings, and eyeing recent highs for profit-taking. Trade cautiously, manage risk. #JP225 #TradingStrategy 📈✨"Longby MUHAMMADWALEEDKHAN1
Earthquake hit Japan, First Short Nikkei, then buyOn January 1, 2024, Japan experienced a significant seismic event, a 7.6 magnitude earthquake. The aftermath is still being assessed. Examining past earthquakes reveals a pattern: after the 1995 Hanshin Earthquake, the Nikkei dropped by 19.75%, and following the 2011 Tohoku Earthquake with a magnitude of 9, the Nikkei declined by 18.49%. If history repeats, with an 18% drop this time, the Nikkei 225 may test the 0.382 support at 27,230. Market developments will unfold upon opening. In both the 1995 and 2011 earthquakes, the Bank of Japan implemented loose monetary policies. However, as the JPY is a safe haven, USDJPY depreciated in both instances, falling by 20% in 1995 and 8.13% in 2011.Shortby bruceyam0
JPN225 LongsMarket has been hitting All-Time-Highs. Trend is still bullish. Aggressively add to original position if in profit, once price has found support. Avoid adding to original position if negative. Longby virtual_an0malyUpdated 1
NK225 short: I think it's a wave 2 upThis is a quick update on NK225. I think this wave up is a wave C of 2 and thus it cannot be sustained. Shortby yuchaosng2
Nikkei 225The 225 has had a great year in 2023 breaking their longstanding decline. I am expecting a slight correction year for the start of the new year Shortby ben_findlay1
NIKKEI is starting a new rally.Last time we looked at Nikkei (NI225) for the long-term (May 26 2022), it gave us the most optimal buy entry we could expect (see chart below), as it bounced on the 10 year (since October 2012) Higher Lows trend-line, and from 26000 almost hit 34000: The index has since seen a 4 month correction (from July to October) to the 1W MA50 (blue trend-line), which held and initiated a rebound. This rebound is technically the introduction to the new multi-month rally towards the top of the Channel Up. This is consistent with the pre COVID crash consolidation and before that with the first three quarters of 2017. Both sequences completed rallies of approximately +63%, the first to the 1.618 Fibonacci extension and the second above the 2.0 Fib level. As a result if we take a modest approach to the upcoming rally, we expect to see at least 36700, which is the 2.0 Fib ext. and is our long-term target. A new +63% rise from the bottom though, gives as a 40300 price tag. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot6
JPN225 may go lower after hitting top channelNikkei have change to go lower as it hits the top of channel in the 4 hour timeframe. Overbought in RSI with chance to close gap form 2nd Aug. Setting a good sell limit at 33150 zone, with the 2nd previous high as SL. TP will be at the bottom of the channel giving a 1:3 RR.Shortby jianhua85Updated 334
JPN225 Short potential at 32700Price has retraced since hitting a lower low for the longest time. 4Hr at higher BB RSI at overbought. hitting resistance zone.Shortby jianhua85Updated 1
Nikkei 225 Trade Idea for 20thDec2023 Super BullishNIKKEI 225 trade idea for 20/12/2023. Major catalyst BOJ is out of the way now, Nikkei shows super bullish continuation from the monster move today. Text book bull flag break out just after the close to 500 points move after BoJ press conference. Price consolidated after that and shows another bull flag in the after hours trading. Plan for 20/12/2023 Entry: Ideally pull back at the open at bull flag base -33353 or at 33227 - yesterday's VWAP Targets: 33632, 33681, 33808 and 34030 Support: 33227,33096 Happy trading, feedback welcome to improve my analysis. Thanks for readingLongby trikkoneUpdated 0
Looking to short the marketBy short the market, I mean to short the S&P500 and the Nikkei (JPN225). Reasons for shorting these markets is alignment and the extreme overbought state it is in at the moment. This is not a bear market prediction, simply using the end of the December bull seasonality factor with alignment of the markets. SP500 Short confluences: All time high Duplicate Trendline 2nd touch Round number 4800 Nikkei Confluences: All time high Round number 34000 Using breach of first high to take the last high at the round number. I am also choosing this high as the HL formed makes the first high less likely to work therefore, because I want higher probability, I will take the high above. Catch you later traders ▲Shortby FalkenFx0
Expanded diagonal?? The fifth wave will expandHello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely Longby mehdi47abbasi795
Nikkei 225 looks rise for a breakoutNikkei 225 looks ripe for a break Today's swift move to 33420 has confirmed itLongby aryan_chandel_tanx1
JAPAN225 still on track 35000/35976 MAJOR TOP The wave structure and fib relationships are on still on track in fact if history is anything it is cyclical TOP due 12/28 by wavetimer3
Up nextBuy stop is set and I'm just waiting for the notification, should be a decent hold as this will tie the bow onto a beautiful December's returns. Let's see how this will manage during the Asian session Longby Waves-FibUpdated 1
Expanded Diagonal??Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely, Longby mehdi47abbasi796
Double top on weekly The price of NIKI225 is formed a nice pattern Double Top Waiting the bar of this week to close strongly bearish then possible down wave till the strong wekly level 30000-30250 let us see....by MamounAliUpdated 112
Nikkei Intraday trading IdeaJapan225-Nikkei had a superb bull run yesterday. Due to US Indices choppy weak trendy today, it has followed and retraced nearly 50% of the move which is healthy. Major GDP data 10 mins before open will determine the next move. Expect a rug pull to yesterday's open-launch base to 32937-32905 or a wick down to 32837-Tuesday's VWAP to flush down the weak hands. Overall its a bull market trend and any major drop is strong buy with targets at 33314,33400,3346733585. Feedback is welcome. Thank you for reading. Longby trikkoneUpdated 2
NIKKEI Analysis: Japanese Stock Market OutlookIn the first half of 2023, the Japanese stock market was dominated by bullish sentiment due to (still) negative interest rates — while the rest of the G7 countries raised their rates to combat inflation. The NIKKEI-225 index grew by 30% in the first half of the year. But then the balance of supply and demand was achieved, judging by the daily chart, where a range was formed (shown in blue), framing the index’s fluctuations in the second half of the year. Judging by the change in the slope of the bullish trend lines, demand was sufficient to maintain the price at the lower limit of the range, but not enough to go beyond the upper limit. The situation is fundamentally reversed. While interest rates in the US, Europe and elsewhere are thought to be near the top, there is growing talk in Japan that the central bank will begin raising them after years of being stuck in negative territory: → Bloomberg: The next meeting of the Bank of Japan will be held on December 19 – speculation is growing that the Bank will move away from negative interest rates as early as this month. → Reuters: 22 of 26 economists (85%) surveyed in November believe the Bank of Japan will abandon its negative interest rate policy by the end of next year. The winding down of ultra-loose monetary policy could have a negative impact on the growth of Japanese companies - accordingly, the growing bearish sentiment is reflected in the index quote. Since the end of November, the NIKKEI 225 has dropped almost 5%. The chart shows that the November top: → did not exceed the annual maximum set in June; → only slightly exceeded the September high – in fact, a false breakout; → the price forms a rounding (shown by an arrow) - a sign of gradual depletion of demand, which is replaced by the dominance of supply. It is possible that the bears, which are gaining power, will be able to form a breakdown of the median line of the blue channel as early as December. 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.by FXOpen2215
Nikkei 225 H&S neckline breakoutNikkei has been struggling to get above 32800 and has formed a H&S and had neckline breakout. Prices should find support around 32500-32300. Head and shoulders at top have around 70% of success based on my trading statistics. Good luck :)Shortby KemsdaleUpdated 0
The End of the Currency Carry Trades Japan super cycle top NEAR The chart posted is that of Japan 225 . We are nearing the End of the cycle world wide Liquidity bubble DEFLATION in RISK ASSETS is nearing by wavetimer4