JPN225 H4 | Could We See A Reversal From here
Based on the H4 chart analysis, we can see that the price has rejected off our sell entry level at 54,522.81, which aligns with the 78.6% Fibonacci projection.
Our stop loss is set at 55,191.30, which aligns with the 100% Fibonacci projection.
Our take profit is set at 52,703.89, which is a pullback support that aligns with the 50% Fibonacci retracement.
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