Hello Price Action Traders.
NIKKEI 225 CFD
The Japanese stock index is in a short-term bearish phase well exploited for all traders. As you can see, the price formed a double top in the direction of the trend and a bearish price action. The target for the index now seems to be the important support at 12,000 points area. Bullish breaks of 13,700 points instead would fail the scenario just presented.
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