Japan 225
Long

Rectangle Pattern Setup

128
The price is currently consolidating within a Rectangle Pattern. This sideways movement shows a balance between buyers and sellers, and I am waiting for a definitive Breakout to determine the next trend direction.

Trade Trigger: Breakout of the Rectangle boundary

Risk Management: 0.75% per trade

Risk/Reward (RR): 1:1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.