Nikkei 225 is heading towards the resistance line of a Inverse Head and Shoulders. If this movement continues, the price of Nikkei 225 could test 38444.3333 within the next 23 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: 38444.3333 Entry: 38232 Stop: 37975
ASX 225 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or
DAX 40 is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
ASX 225 was identified at around 7601.2 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel