Selling JP225 into swing highs.

NIK225 - 22h expiry - We look to Sell at 27390 (stop at 27610)

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We are trading at overbought extremes.
Previous resistance located at 27397.
A lower correction is expected.
The hourly chart technicals suggests further upside before the downtrend returns. We look to sell rallies.

Our profit targets will be 26810 and 26385

Resistance: 27370 / 28360 / 29240
Support: 26385 / 25500 / 24485

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jp225JAPAN 225Nikkei 225 JPN225 CFDjpn225shortjpyjpy225usdoandaSupport and Resistancetradeidea

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