The Nikkei 225 index has been consolidating in a narrow range, with the recent candles forming a bullish pennant pattern on the M15 timeframe. The index has been trading within the support and resistance levels of 59170 and 59347, respectively, with increasing momentum. The volume has been relatively low, but the recent candles indicate a potential breakout. The price action suggests a strong bullish bias, with the index likely to break above the resistance level and reach the target price of 59915. The signal is justified by the technical context, with the buy entry at 59266 aligning with the support…

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