Cabana Capitals Blog Technical Analysis Nikkei 225 – Continuation Chart Pattern – Descending Triangle

Nikkei 225 – Continuation Chart Pattern – Descending Triangle

Nikkei 225 – Continuation Chart Pattern – Descending Triangle post thumbnail image

Emerging Descending Triangle detected on Nikkei 225 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 38175.0 and it is expected to move to 37657.4096.

Target: 37657.4096 Entry: 38175 Stop: 38523

Leave a Reply

Your email address will not be published.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

Related Post