XJO trade ideas

Rahul-B

After the Correction , it’s going to dive deep towards the support and trend line. Just wait for the reversal confirmation.

deCarbonMan

Blue arrow = Double top Red arrow = negative divergence Green arrow = bounce from RSI Things are starting to look dangerous here. We might get a bounce up to the descending RSI, but overall it is looking fragile. Won't short it until it breaks to the downside of the red horizontal channel

trungle83 Updated 

Alot of market noise at the moment but I still think there is a Santa Rally just around the corner. However, the Rally won't be a smooth sail up.

AcolyteTrader

Price has formed a nice double bottom setup and is positioned near an ATH ready to break higher. Good spot for a long pos. The trend is your friend and the trend is up. Always manage your risk

liquidcactus

Looking for a correction lower in the ASX to ~$6900

Mahdishoghli

• If the price of the Australian index can stabilize above 7340, in the coming days we can see the price rise to 7420 m. • However, because of Omicron, there are still feelings of risk aversion in the market.

TradeLive-

AUS200 Index. 3H Chart 2H Chart 1H Chart Breakout on the 4H Chart (Enter Limit Order At Horizontal Level Price 7380.07) Retest of Horizontal Level NOTE: Look at Bull Candlestick and the EMA 10 EMA 20 Level.

Gold_Fish_Trading

After a bullish flag and break, the AUS200 has started to retrace to Support This is an interesting area to BUY as there are a couple of wick rejections at the 7380 area Using the bullish the momentum price may reject off this level again and then move to the upside to our highs. Buy @ 7380’s Stop @ 7365.1 3:1 RR

AhmedKhater

its sounds that ASX 200 is forming a triangle in wave 4 , which is bullish for the trend t move up again to the recent top

Berzerk_invest

Get ready🔥 There is an interesting formation. Bullish Flag on AUS200. No more words! Follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave...

capital_pnl

hello investors and Trader following a rigorous analysis I expect this scenario🕵️‍♂️🕵️‍♂️🕵️‍♂️

KirkBarton

Current trend The ASX 200 index is showing a downtrend, trading near 7317.0. The quotes of the main Australian index began to adjust downward after the Governor of the Reserve Bank of Australia (RBA) Philip Lowe announced a rather pessimistic scenario of the dynamics of the national economy. According to the official, there will be no significant progress in...

PACDealer

Australian Equities is one of the highest leveraged markets so increase in rates will hurt equities Plus slower consumption expected for 2022 will make resource companies drop. Target 20% downside

Trinnisia_Trades

I believe we will go lower to 7300 before we go higher. The market doesn’t have enough momentum at the moment, 20EMA is still lower that 50EMA. Trade with your own analysis, I’m not a professional adviser.

Mahdishoghli

• If the price can be stabilized above the 7475 area, we will see a rise in price, otherwise the price will fall to the bottom of the triangle.

TradeLive-

AUS200 (Watch how price responds to the trend line and exponential moving average)

09:47

TradeTheStructure

Asian markets remain looking heavy as the HSI and Nikkei Daily timeframes press lower. The US has been more resilient to negative news and remains focused on inflation and interest rates. The question is how much of the good news ie/ strong economy and bounce from pandemic lows has been factored in to price action in the US. If the US start to take a hit, then...