Short movement on Nikkei by ThinkingAntsOk
Use this as a guide to develop your view.
Main items we can see on the 4HS chart:
a)The price made a huge bearish movement and now is making a correction
b)If we take a look into the past, we can see a similar situation (circles)
c)Currently the price is on the same resistance zona that in the past where the new bearish motive wave started
d)We think that a similar scenario may happen, with a target on 15000.00
Main items we can see on the 4HS chart:
a)The price made a huge bearish movement and now is making a correction
b)If we take a look into the past, we can see a similar situation (circles)
c)Currently the price is on the same resistance zona that in the past where the new bearish motive wave started
d)We think that a similar scenario may happen, with a target on 15000.00
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