JP225 INDEX– H4 Technical Analysis
FORECAST: SELL
The price has extracted a liquidity pool around 27739.32 zone and hunting the next liquidity pool lying at 28028.61. Currently its buying and holding to see what price will do around those key areas.
The index will do one of two things:
SCENARIO 1: (Line Arrow)
Price will take out H4 liquidity at 28028 zone and retrace.
SCENARIO 2: (Dotted Arrow)
A Daily TF liquidity pool from 28657 (March) will be targeted and start selling.
TRADE CALL: Waiting for SELL signal