6472 (NTN Corp - Tokyo) 5th wave down6472 (NTN Corp - Tokyo) is in impulse down sequence, which completed its 4th zigzag wave. 5th wave down has already started which aims to targeted as new low below 164.
ShortShort
2768 (Sojitz Corp - Tokyo) 5th wave down2768 (Sojitz Corp - Tokyo) is in ABC zigzag down in daily time frame. It moving down now 5th of C wave down. Sell with low as target of C wave down after confirmation of trendline break or 5 wave down in smaller time frame.
Short
3402 (Toray Industries - Tokyo) 5th wave down3402 (Toray Industries - Tokyo) is in ABC zigzag down in daily time frame. It moving down now 5th of C wave down. Good sell as its under-performing the index.
Short
BEWARE FIRST & LAST SESSION HOUR- KDD CORPORATION-30MN- MY IDEASAfter a past long ranging period , we can observe that the KDD CORPORATION curve in 30mn has been at first descending.
After a short period with flat movement we observed a change in direction, seeing now the market going up back to the former ranging zone.
We see that there is a huge amount of fight between buyers and sellers. For the time being, buyers win!
Illustrated by two strong buying signals opportunity to get profits in the long direction.
Next:
-High probability of seeing the market running up more even in this slop angle.
- Beware of the first and last hour of session , major moves has been happening during those times.
- Possibility of a short entry around the top dotted black line which is a strong resistance point OR if we observe a large candlestick (one unique candlestick ) going down to break all lines and reshape the market.
Short
RANGE BROKEN - BEARISH - TOYOTA MOTOR CORP - 30MN - MY IDEASAfter a long period ranging between the two blue lines (support/resistance), we are observing a break out in the downside.
The history of the market tells us that it has several times tried to revert with very strong volumes. ALL FAILED!
Until we had the confirmation of the downside trend.
What to look up next:
Check the volumes and see if it helps the market to revert the trend otherwise there is a high probability for the market to keep decreasing even if the slope have flatten a bit.
Short
SONY CORP (6758) Two Scenarios!
hey guys,
sony is standing on a key structure resistance level!
depending on what is your bias on this stock you may either see an ascending triangle on 4H
or
a double top formation.
no matter what it is, we can trade the stock to both sides.
if the price breaks above resistance of the ascending formation,
for us, it will be a long signal and we buy expecting a continuation to higher scructure levels!
in contrast, 6600 is our minor support.
being broken to the downside, for us, it will be a trigger to short!
both scenarios are equally possible so be prepared!
good luck!
Long
Short
Toyota Tsushi breaking out of descending triangle, Moving HigherMoving higher on strong earnings results and continued dominance out of Japan. Strong balance sheet. Actually more than it's market cap.
Trade at your own risk.
Long
Short
Short
Short
Short
TOYOTA MOTOR CORPTOYOTA is on BULLISH TREND, BUY opportunity
Holding a long term Trend line as a STRONG SUPPORT
Long
AU KDDI hasn't pumped yetThe chart of KDDI looks uncanny to it of DOCOMO. It should follow the foot steps of DOCOMO and pump soon
Long
Long
Sony long. Daily chart VS Weekly Chart.Will we see a new up-trend 📈?
I will put it on my list and wait for the new PS5📈
Comment below what you think?👍
Long
TOYOTA MOTOR CORP MAY KEEP GROWING!
two false breakouts of a major trendline with a higher low formation on Toyota!
it is a good bullish sign to consider and based on that I expect the stock to keep growing to higher levels.
the first key level is 7200
the second key level is 7800
have a great weekend!
Long