NIKKEI 225 Index Strugles to break above 20200

The correction of Deep dive from 21600 to 19000 seems to be blocked by 20200 resistance.

An ascending triangle pattern is being printed on H4 Chart. - Potential bearish continuation pattern. -

Short at the potential breakout.

Bullish breakout would be validated at 20225.

Kommentera:

We have reached our first target