trungle83

Aus200 H4 Swing Trade

Long
trungle83 Updated   
FX:AUS200   S&P/ASX Index
D1 we can see that the last recent wave just barely scrap a New High.
H4 We can see a recent Uptrend Channel formed with price potentially respecting the extreme of the channels and carry on with the trend.
2 Targets for this trade with no pending orders.
Will look for appropriate candles to confirm entry.

Also to note, there is a Harmonic pattern if it completes around the 5815 mark which will also fall into a respective structure.

(This is my own analysis for my personal development. Feel free to comment - I welcome all views.)
Trade active
Comment:
A little shy from TP1.
Continue to hold
Comment:
TP1 Hit.
Trade closed: target reached:
TP2 Hit.

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