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bearish technical pattern on Nikkei 225 4 hour

Vantage Vantage Plus Research Team February 19, 2024

Nikkei 225 has broken through a support line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 37567.1287 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.


Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

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