Bat Bearish

FX:AUS200   S&P/ASX Index
129 11 15
possible to retest at 5409 levels, I think good entry at the top (complete Bat)
Comment: watch your Short :)
Comment: OMG..
I will be shorting as soon at the ASX200 hit 5410 with SL at 5460 and Take profit at 5300 and 5200.
Base on:
1. RBNZ to decrease interest rate from 2.25% to 2.00%(Thursday)
2. Hillary clinton winning the Democrats Nomination.(Wednesday)
3. Canada's Unemployment rate/employment change.(Thursday)
4. Double Head Resistantce at 5415.
5. China's Yuan Loans(Friday)
6. Bat Bearish.

Between now and Friday we could see the ASX200 rallying to 5410-5430.
Kadhijah Only-ASX200
you have good view in fundamental, but price is already reject by day pivot and I think is good to have Short if price stay below 5306.
think you and i totally agree with you;look at this bearish divergence and bearish butterfly pattern;you think ,it will go more up?
Kadhijah Boumrah
you have nice chart, and I think bull is still more dominant at this pairs, in wide TF (weekly) I see point around 5559 - 5679 levels is possible to next destination. but everything can happen here, take care :)

Kadhijah Kadhijah
simple Inside bars setup :)
Boumrah Kadhijah
can you take a look on EURUSD,Please ? ?? i'm in short
Boumrah Kadhijah
think you for your reply,you have a great strategy,i think some correction maybe until 61.% fibo,then will continue to 5425 levels
Kadhijah Boumrah
just I guess.. lol

You are spot on.
+1 Reply
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