5

Nikkei pullback looking tasty for a long

Nikkei ($JP225) has pulled back to a key support zone around 38,000. Stochastic on the 4H is oversold and the daily trend remains strong. Looking for a bounce here.

$JP225LONGopen
Entry
38020
Stop
37750
Target
38600
3 comments · 5 points

3 Comments

GBu/gold_bug_omar·1mo

Agree, 38k is a strong psychological level. What's your target?

3
GLu/goldbug_lena·1mo

Good call, I'm seeing similar on the futures chart.

2
VVu/value_vik·1mo

Be careful, the yen strength might cap upside.

1

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