Elliott Wave Analysis: NIKKEI Remains BullishHello traders and investors! Today we will talk about Japanese Index NIKKEI 225 in which we see very clear bullish pattern. As you can see, NIKKEI made an A-B-C corrective decline from the highs and the main reason why we think it's a correction within uptrend is because of a triangle within wave B in the middle. We know that triangles cannot occur in wave 2, so it must be wave B as part of an A-B-C correction. The Next very important evidence that A-B-C correction is completed is recent five waves up from the lows and we know that a five-wave reversal indicates a change in trend, so NIKKEI will probably stay in the uptrend. However, in EW theory, after every five waves, a three-wave pullback follows, so before we will see a continuation higher, be aware of a corrective slow down with ideal support in the 28800 - 28300 zone. Of course, pullbacks could be even deeper, so count remains valid as long as the price is trading above 27400 May lows. Be humble and trade smart! If you like what we do, then please like and share the idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.Longby ew-forecast117
NI225 29161.58 + 0.74 % LONG IDEA * PRICE ACTION OVERVIEWHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT NIKKEI 225 FROM THE MONTHLY CHART. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA-DAY TRADLongby PULEMokhothu1
RSI divergence + Reverse triangle ResistanceThe Nikkei seems to be carving a nice pattern to plummet. This may also strengthen the JPY. Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.Shortby WaveSavvyTrades0
NIKKEI 225 28941.45 - 0.4% MONTHLY OVERVIEWHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE NIKKEI 225 OVER VIEW BASICALLY FOR DIRECTION, OVERALL PERSPECTIVE & DIRECTION OF THE INDEX. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.Longby PULEMokhothu1
Nikkei's multiyear rising expanding wedge and probable outcomeI have the chart depiction of Nikkei's multiyear rising expanding wedge and outcome laid out here. In my understanding, the Dow, SnP 500 and all the rest of indexes worldwide will mirror this to the final lows in March 2022 and probably beyond. The standard price targets in that rising expanding wedge pattern along with possible cycle date timings are shown no matter of any timescales in the chart. That's about 56% decline from around the high of 30,700+. German DAX 30 shows expanding megaphone in the same range of years which is targeting all the way to 3,600 in coming years (end of 2023) if the megaphone pattern fully plays out in this large context. I know that it certainly does in smaller scales for the declines up to 30%. That will be one heck of a decline to witness in anybody's lifetime.Shortby tfinaviaUpdated 0
JP225USD _ Short Trend BreakoutIf the support trend has been broken we going short, break above the resistance trend we going long. Good LuckShortby bxoleloUpdated 1
eurusd potential buyPrice is expected to make a pullback towards major support area and then continue upwards in an uptrend. We have managed to identify for you a significant point of support . Feel free to give a comment. God bless youLong06:51by KudaChenjerai1
Nikkei soon 5,10,20,25y long correction?Why i posted this chart, because i want to compare it with the BTCUSD 1M chart. I think BTC is similar as Nikkei in the early days, than 25y of corrections and sideways. I am asking myself can this also happen to Bitcoin? Second thing is, it looks like Stocks - Nikkei will also enter into the bearmarket soon, like BTC. How long will last until uptrend again? What does that mean for Bitcoin? Will they put profits into Bitcoin?by Me26gs720
NIKKEI Headed to a double top?I thought Japan was done, but apparently not. Looks like it's headed towards a double top, gonna go parabolic, lol. by hungry_hippo1
Ready for the great reset of wealth?Here is the distribution of the 50 largest public companies: USA 34/50 CHN 7/50 EUR 5/50 OTH 4/50 This seems normal? The percentage of american companies at the top is close to what the percentage of japanese companies at the top was in the 1980s. Random people, which are mindless NPCS, somehow acting like it's normal. And they will act like hyperinflation is normal when it happens. The way I see it there are 2 directions we are heading: Stock crash and great depression. The best outcome. High inflation and wealth + debt great reset. The socialized loss outcome they won't recover from in the 21st century. Seing spending this is where the US is going. Hyperinflation à la Zimbabwe would be obvious and have negative consequences for the crooks running the show. No, as always it will be a boiling frog method, with lots and lots of arguing coming from the crooks responsible and their supporters. And besides if inflation gets too bad, all business are not even able to operate, they are completely frozen. I can already predict their arguments "Back in the 70s-80s inflation was at 15% and we did great", "inflation is the result of effective policies creating growth" (while the tangible real world amounts of goods being produced is down down down), "we need to save the planet and help out student debt", "it's because of political opponents fighting us via money" (it's a conspiraceeeeeh!). I recently read a bit about Romania inflation in the 90s. Lasted 7 years, and the government cleared its debt (but not always the debt of the plebe), and created a great reset. The money masters did just fine, and a few people even got rich. 99% of the population did not do just fine. The entire east europe was depressed, russians are famous for being alcoholism masters. Romanian inflation peaked at "only" 255% and the public got used to it, it was advertised as normal. People that worked their entire lives and had some savings lost everything. Via inflation their wealth was transferred to the government, with most of it simply evaporating because unlike what USA millennials think this is not a zero sum game (pie). As if today wealth is the same as the paleolithic wealth and all it did was move around. They say wealth does not simply get created out of thin air, that's funny to me because a lot of it does, thin air contains humidity, CO2, warmth, and that's all it takes for much of agri wealth. We do not come from the earth, we come from thin air as we are carbon based lifeforms not silice based. Inflation in Romania started as early as the beginning of the 1980s, from the socialist government (yes, again) robbing the population to pay back its debt as it had strings attached, following the 1979 Oil crisis. The collapse of the USSR it led to did not save them, and it continued and got worse in the 90s. To avoid starving to death, Romanians, which were mostly rural, grew food in their garden and helped each other. They knew each other, did not move much, had no migrants. To compare this to others, Venezuela has 85% urbans, and the USA 80%. Europe is in the 80s too. Also I want to note that business owners cannot magically raise wages before prices go up because they might not have the cash AND they cannot predict the future. People with savings and people with jobs will lose. Broke people reliant on welfare lose too (compared to where they used to be not what they produce which is zero). People with debt might win, probably lose too as the government cares about its spending and its debt, not yours. Filthy rich people win, Singapore is only 1 plane ticket and 1 clic away. They always seem to win don't they? There are 4 plans to a group of people: In Europe and the USA people move around - especially in the USA - and they don't know each other. In Europe and the USA there are many migrants, sometimes they don't even speak the language. The countries are very heterogeneous. In Europe and the USA 80% or more of the population is urban, and clueless on how to grow food, and very much NOT resourceful. Helpless. The USA are even running a "divide to conquer" strategy, with camps hating each other. They won't help each other or fight back inflation. The plan B seems very hard to execute. And plan C? Europe and the US are the ones sending food to Africa. Who will send help to them? Argentina? Haha! (Argentina is one of the largest grain exporter that's why, still... they're not THAT big). Smells like a plan D. As I said I doubt they will run the inflation to 4 digits and more. But 50% is ahead of us. Slowly boil these frogs. Food can still somehow be grown and bought in these conditions. Might see a drop in production, but EU & NA overproduce. Plus the greens want to grow more bio food, and reduce meat production (that turns hay we cannot eat into juicy steaks and chicken legs). The west food production might drop a bit but as we overproduce it, the ones starving are african kids getting humanitarian aid not europeans. Ghana president (and others) have reduced their dependency on welfare to focus on developing their economy (tier 1 prod + tier 2 valued adding industries), he said he didn't believe in santa claus, maybe he reads my ideas? African countries choice to distance from aid might have a bonus: not starving to death when EU & NA can't send food there. Now unpaid for made in China smartphones, computers, tvs and consoles? Forget about it! Enjoy going back to board games. Less CO2 emissions. Greta is going to be happy. I miss the good old days of board games. People that understand percentages and ROI win all monopoly games. Less stupid TV nonsense, less social media crap, more thinking games equals hard times creates less dumb men. EU & NA does not just import TVS and computers, there's also drugs... Well old people might have to leave us a bit earlier than expected. In any case, the west will go back to simpler times, they will have to get used to a lower standard of living and that's a good thing! I look forward to less electronics and more outdoor activities and board games. And less clown twitter imaginary world cancel warriors! by MrRenev4418
Rounding top with successive higher lowsI'm waiting to see if 27,500 gets broken for a potential short entry. The successive higher lows and the falling RSI warns of an impending fall.Shortby jrebong0
NI225 Breakout anticipation I see ascending triangle so have placed buy stop above resistance because I'm anticipating the resistance level to be broken, I have a hedge order to reduce drawdown and a buy limit to scale in if it goes against me too. USD/JPY correlation also supports this breakout idea as its showing a descending triangleLongby MDAminFx14220
Nikkei225 - Great trade Opportunity! Nikkei 225 - Great Trade Opportunity! What a great set up, right? I've been shorting NI225 for while. If you're subscriber of our weekly newsletter, you probably got in earlier at a better risk/reward! If you are subscriber - Thanks I appreciate it and if you aren't you're missing out! I post my analysis late on Trading View for great trade ideas...Subscribe now - Link will be down in the comment section (It's FREE & always will be) We will be changing the privacy settings soon for ONLY subscribers to see our content! Now let's dive into the exciting Technical aspects: Longer Term pattern: Triangle Shorter Term Pattern: Bear Flag / Wedge Key Support & Resistance Areas: 28000 - 28400 Key Tip: You could go to towards lower time frames to get a better price. All the best, Trade Journal (Just a trade idea, not a recommendation) by Trade_Journal221