AUS200 Dn.AUS200 Dn. Double Top. With two sharp spikes. Divergence. Squueze offers a good stop. Lets hope for a 5x + move.Shortby jforex780
200AUD (Index) LongsMost major markets have been breaking All-Time-Highs. Momentum is still strongly bullish. Currently in a Bullish Outbreak, occurring after two same-sized retracements (represented by congruent grey rectangles). No indication of reversal, expecting price to continue hitting new highs. Preparing for Long positions after appropriate candlestick close. Keep an eye out for signs of bearish reversal. Invalidation point placed before the opening gap (red dashed line). Aggressively add to position if in profit, once price has found support. Avoid adding to position if negative. Longby virtual_an0malyUpdated 0
XJO ASX 200 potential breakout (long) or reversal (Short)ASX:XJO A potential breakout of ATH could provide a good long trade. A rejection could see a high probability short trade. by Wallacetradesstocks0
XJO - 28 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting3
AU200 ~ Commodities or Follow US Markets? ASX Wants Both! (2H)CAPITALCOM:AU200 chart mapping/analysis. ASX grinding higher into EOY, benefitting from relative strength in global commodities & precious metals. Trading scenarios into EOY: Continued commodity strength + US bullish momentum = rally into 23.6% Fib / ascending trend-line (light blue dotted) confluence zone. Rally would coincide with re-test of bearish breakdown from pennant pattern. Commodity weakness + US market capitulation = re-test of 38.2% Fib, into horizontal line (yellow dashed) / 200SMA / lower range of ascending parallel channel (green dashed) uber confluence zone. by BlueHatInvestorUpdated 0
ASXAUD (Australia 200 Index)- Rising Wedge BreakoutASXAUD was in bullish trend and was making HH and HL. Divergence on RSI appeared on hourly chart. Rising wedge formation was formed. Now instrument give breakout of the Rising Wedge pattern downside. Most probably, trend reversal is expected.Shortby ALIHAMID1
AUS200Daily: broke market structure with good momentum. 30M: forming a strong momentum and ending the pullback.Longby sherifmessehaUpdated 0
Bearish AUS200 provided 7320 is not brokenDue to prevailing market structure bearish continuation can be expected from AUS200 provided 7320 is not violated. Hunting bearish entry structures to follow price short.Shortby JamesHaywood0
longthe price came from weekly demand zone and in daily time frame is above 20 and 50 moving average, in 30 timeframe broken market structure and formed a new uptrend. and i think it will reach 7650 on the long run.Longby sherifmesseha0
AUXAUDAUXAUD Buy at HL(also trendline support intact ) Analysis at 4 hour SL , TP mention in chart Longby SignalEdgeUpdated 1
ASX/AUD is trendig bullish asxaud is looking great movement buy long 7070 stop loss 7048 take profit 7084Longby waqarAhmed120
ASX AU200 ~ Nov-Dec Snapshot (4H Intraday)CAPITALCOM:AU200 chart mapping/analysis for last week of November. TBC further details/write-up via ideas section, cheers.by BlueHatInvestorUpdated 0
AUS200 has lost momentum and preparing for a downward week.AUS200 lost the momentum on the daily chart and confirmed the downtrend on the 1h chart. It's expected to start falling.Shortby Ozymandias19980
7000 Break or Bounce?In our previous analysis we mentioned how 7000 was an important level in the ASX market and how the breach of the level could trigger a shift in the market sentiment to bearish and signal continuation of the overall downtrend. Round numbers are of significant psychological importance and act as areas of interest attracting a lot of liquidity including stop and limit orders. As price now approaches 7000, the question now becomes, what happens next? As we know, it takes a "large candle to break a large psychological number". Break or Bounce?.... Bears Make Money, Bulls Make Money, Pigs Get Slaughtered!Shortby Swiing0
AUSSIE To Go Under? With only 5 trading days left before the monthly close; 7000 will be an important psychological level to watch. A strong break and close below 7000 could potentially trigger shorts and the resumption of the overall down-trend which could see the Aussie sink lower between today`s session into early next week? Bears Make Money; Bulls Make Money; Pigs Get Slaughtered! Shortby Swiing0
ASX200: Thoughts and AnalysisPattern – Continuation HL Support – 7035 Resistance – 7100 Hi, and thanks for checking out today's update. Today, we are looking at ASX200 on the daily chart. Today's video asks if the ASX200 will confirm a continuation price pattern we are watching develop on the daily price chart. Buyers look okay after holding support and forming a bullish bar in today's session. The worry is the fade we are seeing. If the price fails to hold above yesterday's open, that's also a worry. Other than that, we have the MA pointing up with an LH and a support hold after the new leg higher breakout, all showing buyer support. Let's see if we can see a confirmation bar on Monday if we get a trigger bar today. Good trading.Long03:33by Eightcap4
RESISTANCE AT 7125?Since breaking below the 7125 zone on Sept the 21st; Price as now revisited the zone for the 2nd time, and again, failed to close above it creating what would seem to be a Double Top formation. As we slowly approach the end of the Month, it will be interesting to see if the bears will once again step in and drive the market lower with a red candle close for November. A bullish break and close above 7125 negates the bearish bias and potentially opens doors for long positions. Patience is a Position Shortby Swiing0
AUS200 Forecast/Short OpportunityHey Traders, Alike many global stock indexes, we are at strong resistance. This encourages shorts inline with new found downtrend. The AUS200 is no different. Short02:31by WillSebastianUpdated 2
ASXAUD - BEARISH - 15MFIRST TRADE Entry: 7041.6 Stop Loss: 7021.4 Take Profit: 7061.8 TP2: 7082 TP3: 7102.2 EMOTIONAL TRADE Entry: 7075.5 Stop Loss: 7067.5 Tp1:7083.4 Tp2: 7102.3 Longby alifalaksher0
Lower High In?As price consolidates ahead of Employment Data this week, we can see that over the last few sessions, price has been hovering around the 7.000 area; an important level in the AUX Market. If the bearish forces remain dominant and price fails to break the previous Lower High; we could see a good set up for shorts over the next few trading days. However, if price remains is consolidation or breaks above the previous LH; this could indicate a shift in momentum to the upside; in that case, a fresh analysis would be required. Patience is a Position Shortby Swiing440
ASX AU200 ~ November TA Outlook (2H Intraday)CAPITALCOM:AU200 chart mapping/analysis. ASX following US market lead rallying into ~7000 psychological level (50% Fib) & descending trend-line (light blue dotted) confluence zone.Longby BlueHatInvestor0
AU200 According to the failure of the desired level and the supply levels and the possibility of conflict Increasing the price and reaching the desired target is highLongby Mohsen_soumari0
AUD200 LongI feel that index all over the world has already factor in geopolitical tension and energy crisis etc.... I feel AUD200 will give good 200-300 point move from here. it also undercut last support level and I feel that it might snap back above the range. I am taking this trade for longer run. I will close or cut the total exposure if price breaks last swing low.Shortby ImHardik88Updated 0