Nikkei is retesting the broken resistance

Nikkei is testing 27000

 

Nikkei is testing the 26500-27000 zone. This was a previously broken resistance zone for the downside reversal and a rectangle break we had. A downside reversal has begun with the normal pullback, but we need to see rejection for a continuation lower in the third wave. Now only a break above 27000 will lead to invalidation.

Note: look for the short trade entries with the stop loss above 2700

 

 

 

 

 

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