Signal JP225 Buy — D1 - June 29, 2026 21:35 GMT-4
The Nikkei 225 index on the D1 timeframe shows a strong bullish trend with recent consolidation near key support levels. The last few candles exhibit a rising close pattern, with the most recent close at 70,459 forming a critical pivot point. Price has been consolidating between 68,516 and 71,929, indicating a balance between buyers and sellers. Notably, the volume in the consolidation phase has been elevated, suggesting strong institutional participation. The current setup features a bullish engulfing pattern on the final candle, where the close significantly surpasses the prior range, signaling renewed buying momentum. This aligns with the broader uptrend,…