The Nikkei 225 index (Japan) on the M15 timeframe presents a bullish setup, driven by a recent trend reversal. Price has broken above a key resistance area around 59200, accompanied by increasing volume, indicating a strong momentum shift. The current price action suggests a resumption of the uptrend, with the potential for further gains. Looking ahead, a move towards the 59900-59915 zone could be expected, given the prevailing momentum and the absence of significant overhead resistance in the near term. The recent price action has also formed a bullish engulfing pattern, providing additional confirmation of the trend reversal. This pattern…

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