Summary
1. Daily stochastic is moving down though H4 and H1 are oversold with H1 currently over the 20 level
2. Double bottom has formed at MM2 with a higher high having broken through the 21 on H1
3. Check all your Yen pairs for similar price action

Nikkei Daily

Despite bearishness in recent days we are due for a correction which is being setup on lower time frame charts

NIkkei H4

Stochastic oversold and currently at a strong level of support

Nikkei H1

Double bottom followed up a higher high waiting for a retracement at the 61.8%, @ DM2 - check your Yen pairs for similar setups. Remember - Nikkei goes up, Yen gets weak

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About The Forex Analyst

"When there is a gap you either commit yourself as a professional racing driver that is designed to win races or you come second, you come third or you come fifth. And I am not designed to come third, forth or fifth. I race to win. And if you no longer go for a gap that exists, you are no longer a racing driver." Aryton Senna

Ryan Gandalf van Jaarsveld
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