Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NIKKEI Futures published in members’ area of the website. As our members know, NIKKEI Futures recently completed a pullback that provided a high-probability trading setup. The decline unfolded as a clear Elliott Wave (a)(b)(c) corrective pattern, ending right in the Equal Legs area (Blue Box). In this article, we’ll explain the Elliott Wave structure and the trading setup
NIKKEI Elliott Wave 1 Hour Chart 07.03.2026
NIKKEI Futures is forming a 3-wave pullback, correcting the cycle from the 62,451 low. At this stage, the corrective structure appears incomplete, suggesting that another leg lower is still likely. Our Elliott Wave forecast called for a decline into the Blue Box area at 67564–64340, where we expected buyers to re-enter the market. Due to the bullish sequence on the higher time frames, we advised members to avoid selling the index and instead look for buying opportunities from the Blue Box, expecting at least a three-wave bounce. Once the price reached the 50% Fibonacci retracement of the rally from the connector labeled b in red, the trade became risk-free by moving the stop loss to breakeven while taking partial profits. The setup would be invalidated only if the price broke below the 1.618 Fibonacci extension at 64340.
Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.
90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test
Quick reminder on how to trade our charts :
Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable.
NIKKEI Elliott Wave 1 Hour Chart 07.03.2026
NIKKEI Futures completed its correction above the invalidation level and reacted strongly from our Blue Box buying zone. After reaching the 50% Fibonacci retracement of wave (b), all long positions became risk-free. We advised members to move stops to breakeven and secure partial profits, allowing the market to continue with reduced risk. This is the advantage of a structured Elliott Wave process. Instead of chasing moves, our members prepare for high-probability setups and manage risk with a clear trading plan.
Our member chat rooms are open 24/7 and provide ongoing expert guidance on market trends and Elliott Wave analysis. Members are encouraged to ask questions about market structure and technical setups at any time.
