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Suggested target to JPN.IDX/JPY > 2/Jan/2017

This index made a new high last week, and the indicators used below are telling me there are a clear uptrend.
My expectation is that JPN is working to reach the resistance located at 20,000.000
Indicators:
  • EMA(30)
  • SMA(15)
  • MACD(standard)

The chart below show us how price action was passing key fibo levels.
  • New higher high
  • A touch of the 127% extension of 1 fibo

I think, price could to make a correction towards the previous support at 17,802.00 and then back up.
My spected target at 2/Jan/2017 is: …
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Gonchar avatar
Gonchar 28 11月

Австралия рулит

TInna avatar
TInna 1 12月

Это точно

Elens94 avatar
Elens94 7 12月

Good analysis!

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