Mapping out the exact waves in this ending diagonal in the Australian Stock Exchange.
Wave v is breaking back into the AriasWave pitchfork channel and will soon retest in Wave E of Wave (B) of this Expanding Type-2 Zig-Zag.
Once the final high is made just above the purple line and then dips back below it this should indicate a top.
Once it breaks back down and...
See related idea below to understand what we are trading and why.
We are targeting all time highs.
Entry: 6681.73
Stop: 6623.45
Target: 7200.00
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📌 Another single stock opportunity... I will start posting a lot more of these as the feedback has shown it is working. For today we are tracking a very interesting flow that is finally coming into fruition.
Australia, Japan are advancing talks on hydrogen and a deal is around the corner. The breakout of the highs shows flexibility required and is an example of...
HELLO TRADERS,
OUR VIEW ON #AUDUSD
MARKET STRUCTURE BREAK FROM .7200-.72500 CONSOLIDATION ZONE
WE NOT WATCH FOR RETEST OF .72000 PRICE ZONE
IF FAILS TO HOLD,
WE ARE TAKING IT DOWN TO .69250 AT LEAST!
Always ONLY Risk what you are ok to lose.
#Forex
THE TRADING REGIME.
OANDA:AUDUSD
Hy Dear Team, hope you are are enjoying Good Profit By following Our Ideas and Prediction. If you have any query Ask in. Comment section.
Now today we are Going to Discuss about
US30 .
The guys that are already attach with us they all know very well how we have cashed US30 in our Previous Prediction . If you are New Visitor Check our Previous Idea About US30 ....
This index had an upward trend in the past always, and has not grown much after the recent fall (due to the Corona virus).
Low risk and I expect it to grow well.
The Australian dollar rallied above 0.72 and was immediately rejected. But it still holds the above the daily trendline. Potentially this rally can be extended to 0.73. Buyers have to protect their positions with tight stops. Commercials (based on COT) keep adding to their short positions, the cycle is turning to the downside. That makes me believe a selloff is...
The monthly is looking interesting to me here.
-Broken out of a possible demand zone
-Clearly broken downtrend on the RSI and stoch 1M and starting to look positive for a swing
I think its logical that AUD JPY has a attempt to go to 80 cents here at least.
This is not a call to say buy now it will go up with a instant 10% increase lol..
It can pump but looks...
Hello Trader! AUS200 index is in accumulation at 0.618% Fibonacci Level which is a Key level in Fibonacci retracement. If it breaks this pattern upside it will hit 0.786% Fibonacci Level and if it break it downside it will hit the next support area.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly...
As we recall the first breakout lower from stock market tops just started from Australia. AUS200 now alongside DJIA is the first one to nearly break rising wedge resistance and lead orchestrated reversal lower.
