Signal JP225 Buy — H4 - May 4, 2026 23:33 GMT-4
The Nikkei 225 index has been showing signs of a potential trend reversal on the H4 chart. The recent low at 58710 was followed by a bullish engulfing candle, indicating a shift in momentum. The price has been making higher highs and higher lows, confirming the upward trend. The volume has been increasing, validating the strength of the move. The current price is testing the resistance level around 59500, which was previously a strong support. A break above this level could lead to further gains, potentially reaching the target around 61687. The signal is justified as the price has been…