NIKKEI | Divergence (MACD, RSI) in the daily

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.

ความคิดเห็น:

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)

ความคิดเห็น:

Both, Japan and Europe, are facing a recession. But central banks money prevend that this is reflected in stock prices.

ความคิดเห็น:

TP I hit

การซื้อขายยังคงดำเนินอยู่

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

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!