DLavrov

Nikkei 225 Bearish Divergence

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FX:JPN225   日经225指数
Price reverses from the resistance level 19600 with confirmation from RSI indicator. Bearish divergence gives a signal for opening short trades. Entry level is below 19185 with stop above the resistance level. Profit targets are Moving Averages with 50 and 100 periods. MACD confirms down movement and DMI allows open short trades.

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