Tag: nikkei225
• Nikkei 225 approaches key resistance level 28640.00 • Likely to correct down to support level 28400.00 Nikkei 225 index today approached the key multi-month resistance level 28640.00, which stopped the sharp upward impulse wave (A) at the end of March, as can be seen below. The resistance zone near the resistance level 28640.00 was […]
• Nikkei 225 broke resistance level 27870.00• Likely to rise to resistance level 28765.00 Nikkei 225 index recently broke through the resistance level 27870.00 (which has been reversing the price from the middle of December). The breakout of the resistance level 27870.00 was preceded by the breakout of the 61.8% Fibonacci correction of the downward […]
• Nikkei 225 reversed from support level 25000.00• Likely to rise to resistance level 28000.00 Nikkei 225 index recently reversed up with the weekly Hammer from the key support level 25000.00 intersecting with the lower weekly Bollinger Band. The upward reversal from the support level 25000.00 stopped the previous weekly impulse waves 3 and (C). […]
