JP225, Daily
In the Daily timeframe, JP225 formed a rising wedge pattern and broke the lower trendline. The price fell below the moving averages, and Momentum fell below 100.0, which confirms the possibility of a decline.
- JP225 may be considered for sale when falling below 37800 with a target of 36500;
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
