NIKKEI225 Forms A Bullish Triangle? Elliott Wave Analysis
Jun 25, 2024


NIKKEI225 is moving in a strong five-wave impulsive bullish cycle, which looks to be unfinished. Currently we can see it consolidating and it can be forming and potentially finishing a bullish triangle pattern in wave (4), which can push the price even higher for wave (5) from Elliott wave perspective.
Bullish confirmation is above 40k, while invalidation level remains at 34k.

NIKKEI225 Forms A Bullish Triangle? Elliott Wave Analysis NIKKEI225 Daily Chart
NIKKEI225 Daily Chart

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