Harmonic pattern- Bearish BAT pattern
Potential Reversal Zone (PRZ)- 39200
Nikkei pared some of its gains due to profit booking. It hits a low of 37660 yesterday and is currently trading around 38009.
he index holds above short-term 34 and 55 EMA and long-term moving averages (200- EMA) in the 4-hour chart.
The near-term resistance is around 38700, any violation above will take the index to 39000/39200/39500/40000—overall bullish continuation only above 42550.
On the lower side, immediate support stands around 37800, any breach below will drag the index down to 37500/37200/37000/36800—further bearishness only below 35000.
Indicator (4- hour chart)
CCI (14)- Bearish
CCI (50)- Bullish
Average directional movement Index - Neutral
It is good to sell on rallies around 38480-500 with SL around 39000 for TP of 36800.


FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro:USD/JPY hovers near a four-decade low
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: USD/CNY edges higher but bulls lack punch
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro- Woodies pivot (Major)
Crypto Bias Report: Trend Signals and Top Bullish Picks 



