Just focus on the patternIgnore the wave count, just focus on the pattern, there is a clear Zigzag with a Triangle wave (b), therefore more upside is expected in Nikkei 225 ( NI225 )Longby wivanzUpdated 2
Time to cool off a bit.We love a good cool down period on the jpn225 index. Driving the xxxjpy cross pairs to the downside.Shortby mrforex891
Death cross is here.After a major bull run, we can see a death cross forming. What is a death cross? The death cross is a chart pattern that indicates the transition from a bull market to a bear market. This technical indicator occurs when a security’s short-term moving average (e.g., 50-day) crosses from above to below a long-term moving average (e.g., 200-day). The indicator gets its name from the alleged strength of the pattern as a bearish indication. In short, traders who believe in the pattern’s reliability say that a security is “dead” once this bearish moving average crossover occurs. Three Phases of Forming the Death Cross: There are three primary phases in the formation of the cross of death pattern. The first phase involves the existing uptrend of a security, when it begins to reach its peak as buying momentum tapers off. Then the price begins to fall as sellers gain the upper hand in the market. The second phase is the decline in the security’s price to a point where the actual death cross occurs, with the 50-day moving average falling below the 200-day moving average. This downside shift of the 50-day average signals a new, bearish long-term trend in the market. The final phase occurs with the continuation of the downward movement in the market. The new downtrend needs to be sustained in order for a genuine death cross to be deemed to have occurred. If the period of downward momentum is merely short-lived, and the stock turns back to the upside, then the cross of death is considered a false signal.Shortby georgio7770
jpn225 : triple bottomHave a nice week, triple bottom with volume.Target 28000$.by Le-tradeur-de-fortune-and-co0
Break below immediate support level22Aug 2021 Break below 27300 support. Eying at 26200 next support level Congrats if you join us.Shortby probabilityta0
nikkei long ideagood buy area on nikkei index. it will boost other index to the wave 5Longby lusiffer2
INDEX - Nikkei 225 - Model ForecastModel Forecast for NI225: - Line of Least Resistance EW Corrective Wave found. - Wolfe Wave at Top Distribution Level. - Weakening rally rejected at top of channel. - This time the support will break. - US Markets to follow. Soon the V's will stop. Easy come easy go. GLHF - DPTShortby UnknownUnicorn1043646Updated 0
#Nikkei #NI225 #IndicesI am on the bullish bias of this market. A simple supply and demand concept highlishts a bullish continuation patternLongby TshepoNkopane1
Possible Uptrend of JP 225 Based on it's price movement, JP225 shows its uptrend direction. Green bars are stronger near support area by robzcli0010
nikkei uptrend by augustas you see in my chart follow my signals nikkei long long for long terms !!Longby UnknownUnicorn257039861
JP225 after we breaks our structure still bearish trend not verified hence we are anticipating to see price back to our key level and we wanna react accordingly to what price tell us but obvious bearish bias on our mind PROBABILITY ,POSSIBILITY VERSE VERSAby tripplebright_fx1
JP225USD Great opportunities aheadI am currently long in this pair since the previous idea that I posted I think last week ago. I have managed to scalp this pair on multiple occasions with great profits. Although long term I do expect price to break from the pattern that has formed, has of right now this are the movements that price could provide us on the four hour chart. After completion of current move is complete and price reaches marked area, it could provide with two profit target levels for shorts, and then long opportunities could be taken again. Either the one marked on the first arrow or the second one. A position could be opened if, and only if, price manages to reject on multiple occasions the marked area. Entries could be taken from your preferred entry strategy e.g. Wyckoff Schematic on lower timeframe, Fibonacci from smaller swings, etc.Longby UnknownUnicorn96101081
Descending Wedge into Death CrossThe NI225 has formed a descending wedge pattern that may cross over the 200/50 Day MA to form a Death Cross. Last NI225 200/50 Day MA Death Cross was the result of Covid Shutdowns in March of 2020.Shortby SPYvsGME333
Nikkei 225 looks tempting 11% already looks tempting good idea if you wait for the bigger move down also good to go directly if you are more like an investor :)Longby Kangaroo-MarketUpdated 0
NIKKEI is in diagonal, bounced down towards $22,600It seems like building 3x3x3x3x3 ending diagonal structure since 2016. Each wave subdivides on 3 (ABC) with pretty equal A and B. This hypo will be confirmed if now it goes towards 22,600 - which may be a good opportunity to buy in.Shortby Kupitman222
Stocks - What Next?Idea for indices: - As expected, Robinhood IPO was the trigger for global sell-off (other factors involved obviously, but I have been posting about everything macro related in other posts). - China continuing to lead down. - Look how the deflationary wave hits HSI > Nikkei > EU > US. Dome tops forming everywhere. - ECB actually has greater QE than US, so EU index performance is a critical tell for deflationary forces vs. QE. - Watch China Tech ETFs to lead US indices down. Managers will need to also liquidate US positions as their portfolio % exposure becomes overweight. I've been enjoying watching Nikkei lately - it just broke a critical support and 200 DMA (6m low), officially a bear market if it consolidates losses. However, it is still holding 50 WMA and 200 DMA in real performance... waiting for US markets for confirmation. Bearish bias here, turning point is due. Aug 2 debt limit will be in focus. Early August is my trigger for reversal confirmation. If it holds, we can back off and try again later, but rugpull is definitely due. Already short US indices (long vol). Nikkei real performance (relative to currency): Here is what I think will happen to Nikkei next: GLHF - DPTShortby UnknownUnicorn1043646Updated 7
Long Term for JapanAfter the 5 waves up complete from the 2009 low what is next? Either a wave 2 or a C wave in a larger flat.by moneyjeff12
Bullish flag on 225JPY. Price failed to break previous low creating today a higher high on the daily chart, indicating a possible market structure shift. RSI three touch bullish divergence. Market structure broke previous minor resistance adding another confluence. Overall bigger trend is bullish while minor trend is bearish. Looking for a break of the flag and continuation. Usually this patterns take a while to break so will be taken as a swing trade.Longby UnknownUnicorn96101080
JICPT| NIKKI225 short at the top of the downtrend channel(Japan)Hello Nikkei 225 traders. This is a very clear chart trading on the daily. 1. Downtrend channel has been formed and respected since Feb. 2. MA crossovers. 3. Sell setup at the top band. Shortby JICPT3
Japan 225.. Missing nice moments.. always the yellow line the price will play the most.. whenever it breaks it up or down, it will go back to it no matter how long.. the comination between the vwaps gives u the best result.. what if u support ur chart with the STC and price action candle by Baalbaky_70