Nikkei225 | JPN225 ShortLooking to short the Nikkei Index from 36930. With the Nikkei trading at the all time highs there is limited price action to follow for set ups therefore only taking into consideration my strongest confluences and reasonings for trading the market.
The last BOJ was Hawkish which gave the index a slight push down. Now price is approaching this level again at the all time high and its accompanying trendline.
Short from 36930, SL 130 points, Take Profit 450 points.
Confluences:
All time high
Key Level
Round Number and psychological point 37000.
Trendline 4th touch