The Nikkei 225 index (Japan) is showing signs of a potential bullish reversal on the H4 chart. The recent high of 61412 (TP) indicates a strong momentum, while the low of 58565 (SL) suggests a support level. The price has been oscillating around the 59266 entry point, indicating a consolidation phase. The volume data supports this view, as the recent candles have shown increasing volume, confirming the strength of the move. The trend is still bullish, with the price moving above the 20-period moving average. Furthermore, the relative strength index (RSI) is in the overbought region, indicating a potential pullback.…

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