JAPAN225CFD trade ideas
JPN225: Continuation idea with explanationToday's focus: JPN225
Pattern – Continuation
Support – 35,860, 35,500
Resistance – 36,215, 36,718
Hi, and thanks for checking out today's update.
We are looking at the JPN225 today, but it's more from an educational standpoint around a continuation pattern that uses the moving averages to help qualify the setup. This setup comes from a system called the Floor Trader Method. Yes, I know floor traders most likely didn't use moving averages. But if you read it, you will see it mainly focuses on price position and retracement shape. The moving averages are there to assist in seeing the trend and qualify.
We have run over some aspects of the method and how it can be seen in today's price setup. We have also run over targets and stop points with both a higher perspective and a lower failed perspective.
It will be interesting to see if the JPN225 can retest its previous resistance and highs and set up a new fast trend.
Good trading.
Bullish move1. Bouncing off the 4hr bullish OB
2. Overall uptrend
3. Descending channel
4. Double bottom
Looking more long term i feel like the buy is the more better move.
$NIKKEI 225 Japan - Takes out Jun/1990 High.2nd shaded area within the 'Bowl' has now been exceeded, meaning the 34 Year high has been taken, and if it holds will target the 'Rim' which is the Dec/1989 High of 38957.
An ensuing pop of the 'Bowl' would constitute a Break/Out and if confirmed with increased volume will focus on the higher trend targets. Although a pull back to the Breakout line or below cannot be ruled out.
Japan225 - Nikkie Short - SMC ORderblock FVG📉 Japan225 (Nikkei) Short Trade Setup - Potential Bearish Reversal at SMC Order Block FVG
🔍 Technical Analysis:
The Nikkei (Japan225) is approaching a crucial zone on the chart known as the SMC (Smart Money Concept) Order Block FVG (Fresh Virginal Ground).
Historical price action indicates that this area has previously acted as a strong support-turned-resistance level.
Key technical indicators may be signaling overbought conditions, suggesting a potential reversal.
📊 Trade Plan:
Entry Point: Look for a clear rejection or bearish candlestick pattern within the SMC Order Block FVG to initiate a short position.
Stop Loss: Place a stop loss above the recent swing high to manage risk effectively.
Take Profit: Target potential support levels or previous swing lows as profit objectives.
🚨 Risk Management:
Implement proper risk management strategies, risking only a small percentage of your trading capital on this trade.
Stay informed about economic events that might impact the Nikkei and adjust your position accordingly.
📈 Disclaimer:
This is not financial advice. Trading involves risk, and it's crucial to conduct your own analysis. Trade responsibly, using only the capital you can afford to lose. Set stop-loss orders and manage risk diligently.
👉 Note: Regularly monitor the charts for real-time price action and adjust your strategy based on market conditions.
Happy Trading! 🌐💹
Nikkei to find buyers at market?NIK225 - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A Doji style candle has been posted from the base.
Price action looks to be forming a bottom.
The primary trend remains bullish.
We look to buy dips.
We look to Buy at 35980 (stop at 35760)
Our profit targets will be 36530 and 36630
Resistance: 37020 / 37940 / 38415
Support: 35730 / 35045 / 34565
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Nikkei to continue in the upward move?NIK225 - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Price action looks to be forming a bottom.
The primary trend remains bullish.
We look to buy dips.
Weekly pivot is at 35980.
We look to Buy at 35925 (stop at 35685)
Our profit targets will be 36525 and 36655
Resistance: 37020 / 37940 / 38415
Support: 35730 / 35045 / 34565
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Nikkei HuntingThis is a project that tries to catch pivot points and reversals using Japanese Candlesticks Analysis. All rectangles are zones of influence where support/resistance forces might occur. Icons are milestones with relevant time stamps in the multiple simulated scenarios that might unfold. Although the elements are pointing into a downward channel, there is also the scenario where after a longer correction the market might push for higher highs, leaving the big ellipse as a potential consolidation zone in case this type of scenario unfolds. Marked price levels are also to be considered when hunting for potential pivot points (entry signals) regardless of the nature of the Candlestick Signal relative to the recent wave direction, form, and length. A pivot point can turn out to be a complete reversal of the wave, or just a swing in a wave where smaller corrections or consolidations occur.
The project does not try to anticipate the overall tendencies of the future evolution of the price, but rather cast a "web" of elements that provides a predetermined overall context, in the attempt to hunt for potential entry signals.
We start this project with a potential bearish engulfing which qualifies as a potential signal, but doesn't look at first sight as a complete reversal. This status might change, but in the incipient analysis of the candlesticks involved, we can observe the nature of the candlestick shadows with their highs, signaling a weakness in the bullish momentum.
Navigating Market Moves Amidst Geopolitical TensionsRecent geopolitical tensions triggered a 'flight to safety' impacting Asian equities. Japan's Nikkei fell by 0.6%, while Chinese equities, including the Shanghai Composite and Hong Kong's Hang Seng, experienced declines of 0.6% and nearly 2%, respectively.
Exercise caution regarding potential short squeezes, especially with markets at all-time highs.
Keep an eye on Japanese economic indicators influencing the yen.
Stay tuned for any announcements from Chinese authorities impacting market sentiment.
In times of geopolitical tension, a balanced approach is crucial. Watch equities and currencies, stay updated on economic indicators, and be prepared for short-term market fluctuations.
Japan: Nikkei 225 trend points higher in the mid and long termA component of the 'near-shoring' trade: long Japan as it benefits from China's downfall as prior world's factory and geopolitical tensions increase and global trade dynamics get trickier.
Technical chart favors explosive upside within the next 6 months, it might pay off to dive deeper and find the more promising single stock names that might benefit the most from the changing global order, but index exposure via futures is also ok.
Best of luck!
Cheers,
Ivan Labrie.
Nikkei Breaking Out! NI225Fairly complex, not fully shown harmonic proceeding within a positive channel. Confident, gaping breakout past the most recent high after a faint downward expanding triangle. We believe this is W3 of an impulse up. Vortex and relative volatility are confirming.
ABC downward zigzag. Gentle ABCD triangle for B Wave here. Confluence of Fibonacci goals shows us some good targets. Bolinger Bands are squeezing. My guess is we are in Wave 4 of a SubWave 3 of an undetermined degree.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Nikkei 225 Sets 21st Century HighAs the chart shows, this morning the Nikkei 225 price exceeded 35,700, its highest level in decades.
The Nikkei 225 index reached its all-time high on December 30, 1989, at 38,957.44 points. This was against the backdrop of Japan's economic boom, which began in the 1980s and continued until the early 1990s.
Nikkei 225 growth is supported by lower inflation:
→ in Japan: the latest data showed an annual inflation rate of 2.8% — lower than a series of more than 10 previous values, all of which were above 3%. This reduces fears that the Bank of Japan will raise interest rates and limit its current economic stimulus policies.
→ In the USA. Today, we remind you that at 16:30 GMT+3 inflation data in the USA will be published. It is also expected to show a slowdown in inflation. Therefore, market participants believe in a reduction in Fed rates, which can give impetus to the development of companies.
The NIKKEI chart shows that:
→ the price is in an upward trend (marked by a blue channel);
→ the price has overcome the correction period (marked by a red channel), which can be interpreted as a flag figure;
→ on December 7, the price tested the upper border of the flag (shown by the first arrow);
→ on January 4, the price formed a higher low (shown by the second arrow);
→ has overcome the median line of the channel (blue dotted line).
Indicators show overbought, the long upper shadow on the last candle indicates that the bears are activating, so a pullback should not come as a surprise. The median line could help the bulls consolidate their progress, and the 33,800 level should now be regarded as important support.
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$NIKKEI 225 Japan - Takes out Jun/1990 High.2nd shaded area within the 'Bowl' has now been exceeded, meaning the 34 Year high has been taken, and if it holds will target the 'Rim' which is the Dec/1989 High of 38957.
An ensuing pop of the 'Bowl' would constitute a Break/Out and if confirmed with increased volume will focus on the higher trend targets. Although a pull back to the Breakout line or below cannot be ruled out.
