Home » Blog » Charts » JPN225 Long Setup

JPN225 Long Setup

Like other indices, Nikkie was down in recent days and now we are seeing some signs of recovery, the recovery started after it touched the 2017-2018 trend line:

Nikkei Weekly Chart

As you see the trend line provided support three times and now it’s acting as a support level again, check the long bottom wicks of the last three weeks.

Another clue that supports the idea of a new up move is the new TD sequential number one bar on the daily chart:

Nikkei Daily Chart with TD Sequential and Explosive Bars Indicators (cTrader)

Here is how I set my SL/TP:

Nikkei Daily Chart

Ahmad Noman Musleh
Latest posts by Ahmad Noman Musleh (see all)

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.