Cabana Capitals Blog Technical Analysis Possible breach of resistance level by Nikkei 225

Possible breach of resistance level by Nikkei 225

Possible breach of resistance level by Nikkei 225 post thumbnail image

An emerging Channel Down has been detected on Nikkei 225 on the 30 Minutes chart. There is a possible move towards 37866.0333 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.

Target: 37866.0333 Entry: 37747 Stop: 37635

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