NIKKEI rejected from demand zone at level 16222 with strong bullish movement
Price rejected now from angle 120 (GANN cycle line) which represents as a resistance level at 18009
It's expected to retest key level and 50% Fibonacci level of preceding bullish wave at 17497
then rebound from lower edge of price channel to target the supply zone at level 18915 which represents angle 180 in (GANN cycle line)
Price rejected now from angle 120 (GANN cycle line) which represents as a resistance level at 18009
It's expected to retest key level and 50% Fibonacci level of preceding bullish wave at 17497
then rebound from lower edge of price channel to target the supply zone at level 18915 which represents angle 180 in (GANN cycle line)