The Nikkei 225 index (JP225) on M15 timeframe shows a bullish setup following a consolidation phase. Recent candles indicate a low at 71342, with price rebounding to test the 71900 level, closing above it on the last candle (71954). This suggests strong buying pressure near the support zone, validated by higher volume (672) compared to prior sessions. The price has been ranging between 71342 and 72122, but the recent close near the lower end of the range signals a potential reversal. The current structure aligns with a breakout pattern, where the price action has been consolidating below the prior high…

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