Signal JP225 Sell — H4 - June 21, 2026 20:56 GMT-4
The Nikkei 225 (JP225) on H4 timeframe shows a bullish trend with higher highs and higher lows, but recent price action suggests weakening momentum. The last few candles have formed a series of failed attempts to exceed prior highs, with decreasing volume indicating lack of conviction in the uptrend. The most recent close near 72439 appears to be a key resistance level, where price has struggled to sustain bullish momentum. A bearish reversal pattern is forming as the index consolidates below this high, signaling potential for a corrective decline. The current structure reflects a losing battle between buyers and sellers,…