This trade steup on JPN225 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 32792.2138.
Related Posts
Extreme movement experienced on ASX 200. Check this chart to see what to do next
ASX 200 has moved higher by 12.56% from 7165.3 to 8065.6 in the last 25 days.
After testing the resistance line numerous times, NAS 100 is once again approaching this line. Can we expect a bullish trend to follow?
NAS 100 is heading towards the resistance line of a Channel Up. If this movement continues, the price…
NAS 100 is approaching 19358.1250. We expect either a breakout through this line, or a rebound.
The movement of NAS 100 towards 19358.1250 price line is yet another test of the line it reached…