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ThinkingAntsOk
Jul 30, 2019 12:31 PM

"ASX in new highs since 2007: what's next?" by ThinkingAntsOk Short

Australia 200OANDA

Description

Daily Chart Explanation:

- Price is against the Weekly Ascending Trendline.
- Price is on a Micro Ascending Trendline.
- Bearish Divergence on MACD.
- If price breaks the Ascending Channel at 6740, potential to move down towards the Support Zone at 6400 and, then, to the Bottom of the Ascending Trendline at 5620.

Our Weekly View support this idea. Check it out!

Weekly Vision:


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