Just looked at global indexes and came across these patterns. Both Patterns are almost near to X levels. So ultimately risk will be reduced very much.
Note :
1) RSI is completely oversold in single digits
2) Though I am posting now, Idea will be shown from next candle which is after 4hrs and at that time scene can be different & patterns can be invalid. But right now while I am posting Patterns are valid to trade.
Its just an idea and I don't trade JPN225 (Nikkei 225) so please check your trade plan before trading
Happy Trading !
Note :
1) RSI is completely oversold in single digits
2) Though I am posting now, Idea will be shown from next candle which is after 4hrs and at that time scene can be different & patterns can be invalid. But right now while I am posting Patterns are valid to trade.
Its just an idea and I don't trade JPN225 (Nikkei 225) so please check your trade plan before trading
Happy Trading !
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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.
Related publications
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.