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salsapete

XAOUSD - tested averages now for DOWN

Short
All Ordinaries Index (ASX:XAO)  
salsapete  
ASX:XAO   All Ordinaries Index
Trend Analysis Wave Analysis Technical Indicators
3
0
trendanalysis waveanalysis indicator
The Aussie Stock Market All Ords has seen price break down through the 20 and 50 MAV and has tested both as resistance.

So looking for the market to make a retracement .

Entry - now

Stop - above 50 MAV around 6800

Target - around .618 fib of 6000.

Risk Reward = 3
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