FxWirePro
Long

ASX200 forms Bullish Cypher Pattern, good to buy at dips

FX:AUS200   S&P/ASX index of Australian listed shares
63 0 6
Harmonic Pattern - Bullish Cypher Pattern

Potential Reversal Zone (PRZ) - 4850

The index has retreated till 4883 after making a high of 5035. It is currently trading around 4894.

On the lower side major support is around 4850 and any break below will drag the index down till 4815/4785.

Major resistance is around 4930 and any break above targets 4980/5020/5035.

It is good to buy at dips around 4850 with SL around 4815 for the TP of 4930/4980
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out