Nikkei Price Action 30 March 2026
Big gap down on the Nikkei today due to the overnight session from Friday. Traders bought prior week lows and bears had very little follow through (FT). Outside bars (OB) with no FT are a sign of trading range price action. Bulls are getting FT.
- 23 Wedge Top. The indicator shows FT (bar 22) with traders responding and waiting for the L2.
- Wedge bottom 32 was bought.
- 39 bulls bought second leg on FT 37
- 49 bulls bought the 50% retracement of FT from pullback 45
FT = Follow through bar as highlighted by the Seido Trading Indicator
OB = Outside bar
L1 = A way traders refer to entries. See bar counting tutorial on youtube.
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This article is for educational purposes only and does not constitute financial advice. Trading involves significant risk. Past performance is not indicative of future results.
This analysis is provided for educational and informational purposes only. It does not constitute financial advice. Trading futures involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own research before making any trading decisions.