1. Trend Table

2. Important Price Zones

3. Verification of Previous Trade Ideas

Subject: Intraday session

4. 4H Analysis

4H: Down / Downward movement. Reversal price 66,110, return high 66,110, pullback low updated to 63,110. Rebounded from prior night’s 63,110 but the return high was cut by 66,110, intraday push to 65,090, then down to 63,750 and closed at 64,340. Downtrend continues; the descending structure from 68,800 to 66,110 is maintained. Current price below 4H 20EMA/20SMA (around 65,000–65,200) and near the 120EMA (around 64,400), above the 200EMA (around 63,300). Slope downward.

What matters is whether the current level near the 120EMA (daily 20EMA equivalent) can hold and attempt a bounce, or whether it deepens toward the 200EMA band (around 63,300–63,000, including prior day’s low 63,110). Upside remains until the 66,110 is cleared on a 4H close; returns tend to be resisted by the old supports turned into resistance at 65,090–65,580–65,910. Until 66,110 is recovered, the downtrend is to be treated as continuing.

5. 1H Analysis

1H: Down / Downward movement. Reversal price 65,090, return high 66,110, pullback low not confirmed. After returning to 65,090, fell to 63,750 and closed at 64,340. Below the 20EMA (around 64,600) near the 480EMA (daily 20EMA equivalent around 64,300), and the 20EMA slope is downward.

If the 1H 20EMA (around 64,600) to 65,090 return zone stalls, it becomes a sell-on-rallies scenario. If 65,090 is reclaimed by the 1H close, the rally can gain momentum as a reversal. Conversely, if 63,750 is broken on the 1H close, the downtrend resumes with tests of 63,450–63,110, and resistance at the 200MA band (63,300–63,000).

6. 15m Analysis

15m: Reset / Upward movement. Reversal price 63,750, pullback low not confirmed, return high 65,090. Rebounded from 63,750 to 64,340 and closed. The 20EMA (about 64,150) has turned upward, and the current price is above the 20EMA.

In the short term, as long as 63,750 is held with a 15m close, rebounds should continue toward 64,720–65,000–65,090. If 65,090 is breached on a 15m close, the rebound becomes more established toward 65,490–65,580. Conversely, if 63,750 is broken on a 15m close, a 15m downward reversal resumes toward 63,450–63,110. While the 15m 20EMA is rising, do not enter on a rebound unless the 20MA slope flattens or turns downward and the entry price is below the 20MA.

7. Conclusion

In conclusion, the night session continues the 4H downtrend (rebound high from 68,800 down to 66,110). Intraday also fell from 65,090 to 63,750 and closed at 64,340, maintaining the 63,110–66,110 down-range. Breakdowns and pullbacks follow the 4H/1H downward movement; however, 15m has turned upward from 63,750 and the 20EMA is rising, causing a clash between short-term rebound and higher-timeframe decline. The current price 64,340 sits around the 120MA (daily 20EMA equivalent) and the 1H 480EMA band. The direction will be determined by whether 63,750 (15m reversal) holds or breaks, and whether a rebound toward 65,090 is possible. When entering, always confirm the position and slope of the 20MA, and avoid reverse-entry shorts above the 20MA or longs below it.

If the price stalls in the return zones of 64,720–65,090 or 65,490–65,580, expect a return sell (with 20MA confirmation). If 63,750 breaks on a 15m close, expect further downside toward 63,450 → 63,110 and the 200MA band (63,300–63,000). If 65,090 breaks on a 15m/1H close, a genuine rebound toward 65,490–65,580; if 66,110 recovers on a 4H close, the downtrend remains. Short-term buy-the-dounce (limited) if 63,750–63,450 or the 200MA band (63,300–63,000) show a rebound.

8. Trade Ideas

9. Current Action

• Most important line 1: 63,750. Hold to sustain short-term rebound (toward 64,720–65,090); a close below 15m breaks to the downside toward 63,450 → 63,110 and the 200MA band.
• Most important line 2: 65,090. A close above on 15m/1H would cement a rebound toward 65,490–65,580. If stalls earlier (64,720–65,090), sell on the rebound (confirm 20MA position and slope). Until a 4H close above 66,110, the downtrend remains.

10. Cautions

• 4H shows a continued downtrend with a decreasing rebound high from 68,800 to 66,110. Sell-the-rally and follow-down breaks align with the trend, and dip buys should be limited to strong support zones (63,450–63,110 / 200MA band) with rejection confirmations. Do not chase beyond strong support.
• When entering, always confirm the position and slope of the 20MA (especially the 15m and 1H 20EMA).Currently, the 15m 20EMA is rising, so avoid shorting above the rising 20MA; wait for the 20MA to flatten or turn downward, and ensure entries are below the 20MA. The 1H 20EMA is downward, so sell-offs in the rebound zone (64,600–65,090) align with selling. Today’s item ③ worked after confirming the 15m 20MA break.
• For Break-type entries (① and ④), time entries near the breakout price or near the inclined 20MA as pullbacks/rollbacks are watched. The 20MA touch is only a guide. RR is based on the breakout price. Today’s item ④ ran after breakout without returning, allowing a 1H confirmed entry.
• The 63,110–66,110 wide range creates choppy price action. Confirm all triggers on close; wicks or breaks alone are false signals. Activate MFE protection early.
• As time passes, if the structure changes (higher highs/lows in pullbacks and rallies) occurs, unless the higher-timeframe structure changes, emphasize the 15m reversal price to determine front-entry position.
• If the night session starts with prices far above condition prices, treat as a gap-through rather than a regular fill. If a triggering candle has already reached Target 1, skip entry.

11. About This Report

This report analyzes NK225 futures using Dow Theory Indicator across three timeframes: 4H / 1H / 15m. Read each chart’s own trend table separately to organize 4H / 1H / 15m trends.

Note: This report is for information purposes and not investment advice. Please make investment decisions at your own discretion.