The Nikkei 225 index has been trending upwards since the beginning of the candle window, with a clear momentum on the higher timeframe. The recent candles have formed a series of higher highs and higher lows, indicating a strong bullish trend. The price has also broken above a key level of resistance at 59200, which adds to the bullish sentiment. The volume, although not extremely high, has been increasing on the up moves, confirming the strength of the trend. Given this technical context, a buy signal on the M15 timeframe is justified, as it aligns with the overall trend direction.…

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