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.
Comments
sunny
⋅
nice
vlad.adrian
⋅
4 days have passed and the target has been reached. We are now facing a strong resistance area. Position trailed tightly.