JP225 is analysed on a daily time frame to mark the resistance and support levels and to check the trend. Further analysis is done on an hourly chart to plan and execute a trade. On 1H time frame a bearish divergence is observed and rising wedge pattern has been made. The trend reversal pattern has a breakout and the sell stop pending order is placed.
The Signal is:
EP: 37798
SL: 38339
TP: 37257
The Signal is:
EP: 37798
SL: 38339
TP: 37257
Order cancelled
JXY weakened so J225 got back in bullish trend. The sell stop order didn't triggered so cancelled it. But as JXY continue to weakened I have took an instant entry towards Long.The Signal is:
EP: 38541
SL: 37850
TP: 39232
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.