JAP225 trade ideas
Nikkei to find buyers at market?NIK225 - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A Doji style candle has been posted from the base.
Price action looks to be forming a bottom.
The primary trend remains bullish.
We look to buy dips.
We look to Buy at 35980 (stop at 35760)
Our profit targets will be 36530 and 36630
Resistance: 37020 / 37940 / 38415
Support: 35730 / 35045 / 34565
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
JappanThere goes nikkei after years of consolidation as memntioned in my previous post , this could be the next big market move.
Nikkei is fine, the handle either done or formingNikkei is headed to 100k+ in next 5/8 years,
long term consolidation below ATH, leading to aggressive expansion upwards.
Nikkei to continue in the upward move?NIK225 - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Price action looks to be forming a bottom.
The primary trend remains bullish.
We look to buy dips.
Weekly pivot is at 35980.
We look to Buy at 35925 (stop at 35685)
Our profit targets will be 36525 and 36655
Resistance: 37020 / 37940 / 38415
Support: 35730 / 35045 / 34565
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NIKKEI 50% Retrace BounceReasons to go long:
Weekly :
NIKKEI has rallied 50% from its weekly retracement
5EMAs strategy retracement
Daily :
uHd
Chikou breakout
TK Flip-Flip
If this was the low, then will target 35000 to 35900.
Nikkei HuntingThis is a project that tries to catch pivot points and reversals using Japanese Candlesticks Analysis. All rectangles are zones of influence where support/resistance forces might occur. Icons are milestones with relevant time stamps in the multiple simulated scenarios that might unfold. Although the elements are pointing into a downward channel, there is also the scenario where after a longer correction the market might push for higher highs, leaving the big ellipse as a potential consolidation zone in case this type of scenario unfolds. Marked price levels are also to be considered when hunting for potential pivot points (entry signals) regardless of the nature of the Candlestick Signal relative to the recent wave direction, form, and length. A pivot point can turn out to be a complete reversal of the wave, or just a swing in a wave where smaller corrections or consolidations occur.
The project does not try to anticipate the overall tendencies of the future evolution of the price, but rather cast a "web" of elements that provides a predetermined overall context, in the attempt to hunt for potential entry signals.
We start this project with a potential bearish engulfing which qualifies as a potential signal, but doesn't look at first sight as a complete reversal. This status might change, but in the incipient analysis of the candlesticks involved, we can observe the nature of the candlestick shadows with their highs, signaling a weakness in the bullish momentum.
Navigating Market Moves Amidst Geopolitical TensionsRecent geopolitical tensions triggered a 'flight to safety' impacting Asian equities. Japan's Nikkei fell by 0.6%, while Chinese equities, including the Shanghai Composite and Hong Kong's Hang Seng, experienced declines of 0.6% and nearly 2%, respectively.
Exercise caution regarding potential short squeezes, especially with markets at all-time highs.
Keep an eye on Japanese economic indicators influencing the yen.
Stay tuned for any announcements from Chinese authorities impacting market sentiment.
In times of geopolitical tension, a balanced approach is crucial. Watch equities and currencies, stay updated on economic indicators, and be prepared for short-term market fluctuations.
Japan: Nikkei 225 trend points higher in the mid and long termA component of the 'near-shoring' trade: long Japan as it benefits from China's downfall as prior world's factory and geopolitical tensions increase and global trade dynamics get trickier.
Technical chart favors explosive upside within the next 6 months, it might pay off to dive deeper and find the more promising single stock names that might benefit the most from the changing global order, but index exposure via futures is also ok.
Best of luck!
Cheers,
Ivan Labrie.
Nikkei Breaking Out! NI225Fairly complex, not fully shown harmonic proceeding within a positive channel. Confident, gaping breakout past the most recent high after a faint downward expanding triangle. We believe this is W3 of an impulse up. Vortex and relative volatility are confirming.
ABC downward zigzag. Gentle ABCD triangle for B Wave here. Confluence of Fibonacci goals shows us some good targets. Bolinger Bands are squeezing. My guess is we are in Wave 4 of a SubWave 3 of an undetermined degree.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Nikkei 225 Sets 21st Century HighAs the chart shows, this morning the Nikkei 225 price exceeded 35,700, its highest level in decades.
The Nikkei 225 index reached its all-time high on December 30, 1989, at 38,957.44 points. This was against the backdrop of Japan's economic boom, which began in the 1980s and continued until the early 1990s.
Nikkei 225 growth is supported by lower inflation:
→ in Japan: the latest data showed an annual inflation rate of 2.8% — lower than a series of more than 10 previous values, all of which were above 3%. This reduces fears that the Bank of Japan will raise interest rates and limit its current economic stimulus policies.
→ In the USA. Today, we remind you that at 16:30 GMT+3 inflation data in the USA will be published. It is also expected to show a slowdown in inflation. Therefore, market participants believe in a reduction in Fed rates, which can give impetus to the development of companies.
The NIKKEI chart shows that:
→ the price is in an upward trend (marked by a blue channel);
→ the price has overcome the correction period (marked by a red channel), which can be interpreted as a flag figure;
→ on December 7, the price tested the upper border of the flag (shown by the first arrow);
→ on January 4, the price formed a higher low (shown by the second arrow);
→ has overcome the median line of the channel (blue dotted line).
Indicators show overbought, the long upper shadow on the last candle indicates that the bears are activating, so a pullback should not come as a surprise. The median line could help the bulls consolidate their progress, and the 33,800 level should now be regarded as important support.
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$NIKKEI 225 Japan - Takes out Jun/1990 High.2nd shaded area within the 'Bowl' has now been exceeded, meaning the 34 Year high has been taken, and if it holds will target the 'Rim' which is the Dec/1989 High of 38957.
An ensuing pop of the 'Bowl' would constitute a Break/Out and if confirmed with increased volume will focus on the higher trend targets. Although a pull back to the Breakout line or below cannot be ruled out.
$NIKKEI 225 Japan - Takes out Jun/1990 High.2nd shaded area within the 'Bowl' has now been exceeded, meaning the 34 Year high has been taken, and if it holds will target the 'Rim' which is the Dec/1989 High of 38957.
An ensuing pop of the 'Bowl' would constitute a Break/Out and if confirmed with increased volume will focus on the higher trend targets. Although a pull back to the Breakout line or below cannot be ruled out.
The third wave of a larger wave is formingDear FRIEND,
I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones.
As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you. However, please note that I am not providing any buy or sell signals. My goal is to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
In the attachment, I have included my previous analysis of the same market so that you can compare and see the. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
(Mr. Nobody)
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 38000
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.
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,
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 📈✨"
