NIKKEI 225-DAILY CHART price action analysis (23-June-2015)

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Really cool chart! BAM!! What more to say or write, but to look at the chart below;

As you can see price is making a large, strong and aggressive breakout higher. Price had been contained, but now price has smashed out strongly with a lot of momentum. Normally the longer price is contained, the stronger the breakout will be when it does eventually happens.

Now is the time to start looking for breakout setups and also to start looking on the smaller time frames to watch to see if price makes any quick retrace and re-tests setups.

Daily Chart


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