FlowState

NIKKEI approaching resistance, potential drop!

Short
TVC:NI225   Nikkei 225
NIKKEI is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement ,100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 21460.8 (100% fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic is approaching resistance as well where we might see a corresponding drop in price.

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