Cabana Capitals Blog Technical Analysis A potential bullish movement on Nikkei 225

A potential bullish movement on Nikkei 225

A potential bullish movement on Nikkei 225 post thumbnail image

Nikkei 225 is heading towards the resistance line of a Ascending Triangle. If this movement continues, the price of Nikkei 225 could test 39837.8316 within the next 14 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Target: 39837.8316 Entry: 39565 Stop: 39120

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