#TradeCFDWinGold

✅ JPN225 (Nikkei 225) Technical Analysis Post
📌 Introduction
Nikkei 225 has shown a minor correction today after a strong recent rally. The market is currently in a short-term pullback phase, but the overall structure still remains bullish.

📊 Current Situation

Timeframe: 1 Hour

Market is currently correcting from recent highs around 66,485.

The strong uptrend line is still intact, but momentum has slightly weakened.

💰 Current Price

64,957.44 (-290.94 | -0.44%)

Today's Levels:

High: 65,304.94

Low: 64,477.44

Open: 65,225.94

🛡️ Support Levels

Immediate Support: 64,477 (Today’s low)

Strong Support: 64,000 – 63,800

Major Support: 62,895

🚧 Resistance Levels

Immediate Resistance: 65,300

Next Resistance: 65,800 – 66,000

Major Resistance: 66,485 (Recent High)

📍 Entry Level

Buy Entry Zone: Around 64,800 – 64,950 (dip buying near current price)

⛔ Stop Loss (SL)

SL: 64,350 (with a safe buffer below today’s low)

🎯 Take Profit (TP)

TP1: 65,300

TP2: 65,800

TP3: 66,200 – 66,485

Risk Reward: 1:2.5+ (Good setup)

🔥 Expected Move

If 65,300 breaks, a strong bullish move toward 66,000+ is possible.
If 64,477 breaks, correction may extend toward 63,800.

🧠 Trader’s Thoughts

In the short term, caution is advised as MACD is in the negative zone.

The long-term trend is still bullish.

Strong buying pressure could quickly push prices above 65,800+.

Keep an eye on Japan’s economic data and global market sentiment.

📈 Market Outlook

Bias: Mildly Bullish (Buying opportunity during correction)