Aurum Markets Blog Technical Analysis bullish technical pattern on Nikkei 225 4 hour

bullish technical pattern on Nikkei 225 4 hour

bullish technical pattern on Nikkei 225 4 hour post thumbnail image

Nikkei 225 has broken through a resistance line. It has touched this line at least twice in the last 10 days. This breakout may indicate a potential move to 39361.7657 within the next 16 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

Target: 39361.7657 Entry: 38855.6667 Stop: 38540

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