Aside from the obvious descending TL I can’t see any other backtest area above aside from that dotted line which is dubious. I’d prefer to see more of a sideways structure develop. After that if it breaks out we know where it’s going and if it breaks down it falls off a cliff. The structure will take time to play out.
Japan #nikkei at the moment is like nothing I have ever seen before and I dont say that flippantly! The amount of missed money not going long (and staying long) on this thing in the last few months - outrageous.