Chimbarosa

NIKKEI | Divergence (MACD, RSI) in the daily

Chimbarosa מעודכן   
OANDA:JP225USD   Japan 225
Have not seen such a divergence for a while in the daily (MACD, RSI).

In theory, it should go down at least to 23,150 (Pivot Point) in the best case it should test the linear regression channel around 22,900.

I am not sure if the BoJ has plans for any stimulus with regard to the COVID19. So be careful with this trade.


הערה:
BREAKING: Japan’s economy shrank by the most in more than 5 years last quarter, fueling recession concerns. GDP fell at an annualized pace of 6.3% from the previous quarter. (Source: Bloomberg)
הערה:
Both, Japan and Europe, are facing a recession. But central banks money prevend that this is reflected in stock prices.
הערה:
TP I hit
עסקה פעילה
עסקה סגורה: היעד הושג:
All targets hit; I am closing around 22,500. But I keep a small position. This is just a "side" trade for me, therefore I had a small position. Hence the remaining position is very small. Till next time!
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