Emerging Rising Wedge detected on Nikkei 225 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 37628.0 and it is expected to move to 38076.8423.
Nikkei 225 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
