Nikkei: The continuation of an upward long-term trend.Possible scenario of events. Move up to the first target level. Rollback to the previous resistance level. Then continue the long-term trend up.
NK2251! trade ideas
Nikkei ready for landingIn Nikkei, the signs are pointing downwards. There are several signals that indicate falling prices in the Nikkei. On the one hand, the repeatedly tested resistance could not be overcome and on the other hand, the CCI also issued a sales signal.
As a stop loss, the 19,800 is quite good and as a take profit 19,300 is a good choice. This results in an excellent risk-reward-ratio.
Now the timing of short NikkeiI think it is obvious that Nikkei 225 will start going down. Now the timing of shorting Nikkei 225 futures next 1 months.
Nimble short on Nikkei Apologize for all of the lines but have cleaned it up as best I can. Nikkei has run into a whole swath of resistance.
1. Dark blue line is base line of pitchfork stretching back to lows of 2015/16. Big if here is a daily close below that.
2. Both the dashed and solid purple lines are 150% channels of the modified pitchfork which price has been respecting all year and the newly developed regular pitchfork (solid)
3. Running into .786 retracement of 2017 PA
Would either look to scale into short with subsequent rejections of purple lines or upon daily failure of price to hold above blue channel short retracement.
Longs off 18800 areaIn 2017's sideways market we've seen multiple rejections off the 18800 area. The last three days were no exception (3/31-4/5). Furthering the long thesis any move through the red median line of 2017's sideways to down pitchfork has been met with an equal rejection.
NY1!, Sayonara means bye byei am waiting for new high :-)
But bearish divergence is giving serious warning on monthly chart
So time to bid farewell to Nikkei bulls and welcome Nikkei bears?
Breakdown of long-term consolidation down.Breakdown of long-term consolidation down can lead to the development of a long-term downtrend. The development of the downward trend on the index will stimulate the development of the downward trend of the yen.
Nikkei: long till 18604With weakening JPY we need to expect a stronger NIKKEI . Expecting a slow rise till 18600.
$NIKKEI - The Thin Red Line - to be, or not to be for Abenomics.Well ... we are one step over the precipice. The market is waiting for another #QE made in Japan. I hope that the strengthening of the yen is temporary and sell signals will be canceled.
Long Nikkei 225 Yen and Nikkie are USUALLY inversely correlated. Watch these two relationships carefully. I expect the Nikkei to decline by at least 4% before bouncing upward.
nikkei 225 weekly reversaldidnt reverse at a random spot either / 2 legs down and long term median line
Short Term long till 18100 , but keeping Medium Term TargetKeeping Nikkei Target at 16000 but correction to 18100 this week certain
Short Nikkei 225Nikkei is leaving long term QQEx Channel with a SSHSS formation. Short- to Mediumterm Target is 16000
Nikkei CBOE DEC Futures-Watch Out for 19340 for further bullishnNikkei/USD Dec futures is consolidating between 19275 and 18675 level for the past four trading session.
The index is facing major resistance around 19340 (200 day MA) and any close above this level will confirm short term bullishness, a jump till 19800/20000 cannot be ruled out .
On the downside the index support is around 18900 and below this level it will reach till 18650. Further weakness only below 18650.
It is good to buy only above 19340 with SL around 19180 for the TP of 19780/20000
