Hello, traders!
NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume.
Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts.
GL All!
NIKKEI 225 formed a bearish wolfewave and made a good move below the line 2-4 being supported by medium volume.
Opened sell position, but as the price bounced from fibo fan 61.8, it may retrace to line 2-4 later. If so and supported by divergence/volume, this can become an opportunity for more shorts.
GL All!
Dagangan aktif
NIKKEI is slowly drifting South being confirmed by declining RSI. Relatively low volume doesn't indicate change/acceleration of current trend in either direction.Dagangan ditutup secara manual
Closed the sell yesterday - while markets were falling globally, tradingview.com/chart/NI225/ kept going down quite slow along with them, but didn't change it pace at all and lost only 0.26%Today, it bounced back and currently, NIKKEI is staying in range without any attempts to breakout in any direction.
It is possible that the opportunity to re-open shorts will appear later if orange minor WW will be formed and the move after formation of point 5 (orange) will be supported by divergence/VOL/news or data.
Dagangan aktif
Re-opened 2 shorts at 5-2 point of WW. RSI divergence, increasing volume at 5-2 and global markets being down yesterday and possibly continuing this trend today are supporting this attempt.Current 5-2 is the last opportunity for purple grand pattern to fulfill its primary goal (point 6). If 5-2 is being broken, the pattern is no more valid.
Dagangan aktif
Dangerous bullish counter wave formed at m30 - preparing to exit if it is confirmed working.RSI divergence is supporting new wave.
The volume doesn't demonstrate it clearly and along with global stocks fall, may be (hopefully! :-)) will break this formation and keep downtrend.
But if anyone is following this or similar setup and want to be safe, I would recommend to close/put SL at breakeven (at least most of) positions with little profit.
Wolfe Vs Wolfe is always risky battle ^^
Dagangan ditutup secara manual
Just closed everything earlier with few pips of profit as the price bounced from point 5 of new bullish formation. Currently it is approaching line 2-4 and has chances to break it.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.