Nikkei225 1H: Bullish while 53,452 holds
Nikkei225 1H quick update.
As long as price holds the 53,613–53,452 zone,
a shallow b-wave retracement within double zigzag (y) remains possible.This scenario suggests sideways consolidation with choppy action for a while,
followed by a c-wave push toward ~55,000.Once c completes → expect decline targeting HTF support at 51,051
(possibly triggered by FX intervention or verbal jawboning?).Key level to watch: Support cluster 53,613–53,452 (only meaningful level right now)
Bias: Still short-term Bullish
Larger bearish structure remains in background.
#nikkei225 #nk225 #nikkei #elliottwave #japanesestocks #stockmarket #technicalanalysis #tradingview

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