Australia - UP UP UP!!!

FX:AUS200   S&P/ASX Index
296 2 5
Situation looking good all around the Globe, ECB is done, NFP tommorow and let's hope that will push stocks higher.

Regarding Australia, which is a correlated market with Europe and US, I see a nice long.

All explanations are on the chart, watch carefully the candlesticks when corrections ended. The bounce today invalidated a H&S , which means bears lost steam.
4 days have passed and the target has been reached. We are now facing a strong resistance area. Position trailed tightly.
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