Cabana Capitals Blog Technical Analysis Nikkei 225 approaching support of a Channel Up

Nikkei 225 approaching support of a Channel Up

Nikkei 225 approaching support of a Channel Up post thumbnail image

The movement of Nikkei 225 towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 6 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

Target: 39252.25 Entry: 39516 Stop: 39708

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post