JPN225, Nikkei may be preparing a nice drop

JPN225 arrives to a downtrend line valid since more than One year ago and now will decide where to go. A secure breakout would mean a road to the new multi-year maximums.

Nevertheless, in my opinion, we will see one more leg down, which can long several months from now, and after that a run to these maximums will continue.

I´m ready to short 17,500 zone, targeting 12,000 on a mid-long term, SL: 18,100

Yorum:

It was close but hasn´t triggered the sell order yet. Waiting to see on what happens on Monday

Yorum:

And actually that was an entry for a short. Now I will wait a pullback or a breakdown from the fork line

Yorum:

No fundamentals, just charts...

Emir iptal:

Looks too bullish and Yen still has some room to drop