The NIKKEI 225 Japan Index (JPN225) Daily Diagram Technical Analysis Training shows the following:
The JPN225 index has made a sharply decline towards to KUMO cloud last week under the resistance line. The weekly diagram is bullish and monthly diagram is turning bullish.
So the first think in mind is that JPN225 finds support from KUMO. MACD & RSI are bearish.
We have no special candlestick pattern except that index closes at lows.
There is no special pattern. The fib shows the target levels.
Stay aside until it get above the resistance line and then long for 15513 first. Otherwise short under KUMO and EMA 200 (4h).
The JPN225 index has made a sharply decline towards to KUMO cloud last week under the resistance line. The weekly diagram is bullish and monthly diagram is turning bullish.
So the first think in mind is that JPN225 finds support from KUMO. MACD & RSI are bearish.
We have no special candlestick pattern except that index closes at lows.
There is no special pattern. The fib shows the target levels.
Stay aside until it get above the resistance line and then long for 15513 first. Otherwise short under KUMO and EMA 200 (4h).
