Nikkei is reaching 28000 after the bounce.
Nikkei is testing 28000 after its bounce from 24000 support. A break above the 28000 is required for the extension higher. We have a rejection here, where we have 61.8% Fibonacci retracement of the Dec. 2021-Mar. 2022 swing lower, and a falling trend line is required to confirm that downside wave two is over, and we will see the longest 3rd wave downside
Note: look for the short trade entries with the stop loss above 28000
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