NIKKEI 225 (NKY) 4 Day Down Streak Snapped; in an Uptrend Over Past 90 Days

2 mins read

The Hourly View for NKY Last Updated March 26, 2021, 21:18 GMT Currently, NIKKEI 225’s price is down -5 (-0.02%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on NIKKEI 225. Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals,…

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