S&P/ASX Index

AUS200 FXCM

ThinkNumbers

The ASX 200 has been setup and going through the perfect Wyckoff setup over the past month. Now that we have hit all time high's, its clear that the demand or the BULLS are in full control and that shakeouts will be shortlived. Now that we don't have any ceiling the sky is the limit in at least the short / medium...

dvinfx

abc correction of second wave of higher degree III wave. Volume cluster at 6800 and channel resistance above.

trungle83

Key Level for support. 1HR chart creating a D/B with strong Divergence. Anticipating hold and bounce in a short term

fxdotgo

Triangle breakout any pullback structure from m15/5 will work well on entry.

AriasWave

Unlike the Dow Jones it appears that the ASX has seen the end of Wave D. We are dealing with an ending diagonal Wave E. We have already seen Wave i and it appears Wave ii is almost complete. Resistance is 6775 so this would be a good stop level. I am shorting this from the highs until I see a completed Wave iii Zig-Zag to the downside. Please LIKE and ...

Chrisblaq

Buy AUS200. There is a trend reveal to the upside because it created a higher high and a higher low. Stop loss 6617.96, take profit 6708.52

AriasWave

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 Please LIKE and FOLLOW to get notification of updates and future posts.

AriasWave

It is the clear that this final move in the ASX is an Expanded Type-2 Zig-Zag Wave v. I have linked the bigger picture below in related ideas. White Wave 4 ended at 6,644 and is critical support for a long trade. White Wave 5 will likely terminate at the highs marked in the green area. White Wave 5 must make one final all-time-high in order to complete the...

fxtrademooola

sell

fxtrademooola

first post in a long time ...lol hiiiiiiii hmmm lets see

Chrisblaq

Buy AUS200

03:56

Ezduriez

We can see on the daily chart that the RSI is above the 70 level and the minors charts are also going back below the 70 level showing it´s losing strenght to keep going higher. If we draw the fibo retracement it might have a retracement until the support line in yellow. I´m not gonna wait until the support because it´s below the 50% retracement level, so my take...

azizbtc

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potatox

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TradeGodfather

Important level on AUS200. Wait for the breakout to the upside to consider longs or to a bearish flag to consider shorts.

TaherJalili

We discussed this market yesterday and the major resistance level price had moved higher into. The rejection of the level we were expecting has now come and price formed a solid bearish rejection candlestick. It is rare that price will move directly into a major support or resistance level and break straight through it without some sort of rejection first. Now...

TaherJalili

We discussed this market yesterday and how price was looking to move into the major daily chart resistance. Price has now made this move and is looking to attempt a breakout. This is a major level for this market and it could present multiple trading opportunities. We could expect at least some resistance here, however a breakout higher would offer higher...

lgroff

Nice resistance in the uptrend line.