AU200 AUD, Buy after pullback!The price is accumulate it's power under the Historical Key Level. We can open Buy after it will be crossed and pullback to Buy Zone. Push like if you think this is a useful idea! Before to trade my ideas make your own analyze. Write your comments and questions here! Thanks for your support! Longby Yuriy_Bishko2249
Australia! A Bogans ParadiseHello Traders, Looking at the chart we can see price has been in a well defined channel for the last 10 years. It has taken that long for the price to crawl back up to the previous 2007 top and I mean crawl. From an Elliot Wave perspective these are some unhealthy looking waves with deep retracements each time basically invalidating the EW principle. Either way, you can see some kind of 5 waves impulse pattern. The price reached the previous market top which just so happened to coincide with the top of the channel. The price has tried again to push higher but failed and now looks like a double top and is printing bearish divergence on the RSI. Can they just keep pushing this with QE? I think we all know by now the economy is floating on a debt time bomb. Australia's housing market is one of the biggest bubbles out there which has been fueled through terrible financial practices. I think this economy is going Down Under! Bearish on stralia. Shortby WickHunterUpdated 7
ASX:XJO Words requiredAnd so another 10 year candle approaches in the simulation. This architect appears to like their small range/time frame, high frequency oscillation clusters, indeed a step up from some of the others, somewhat crypto'esk. Will the baby boomers get to sail away into a sunset trouble free with their hard earned passively invested? I can hope for their sake. The next 3.- months of technicals has meaning, more so than anything televised or tweeted. Extreme risk approaches for the brave, I will be looking to the trainman for a ticket, failure is not an option. I will only be visiting the station once. Good luck you and yours over the silly/festive season. by UnknownUnicorn26955686
See price action for down movepreparing for sharp drop. Bears will take control soon.Shortby BilalJumani2
XJO/ASX Megaphone Pattern and Wave 2 ABC CorrectionThe XJO Daily appears to be topping. The retracement looks like Wave 2 ABC Correction and price has retested the trend line coming up from previous highs forming something resembling a Megaphone Pattern. Volatility should be high going into Christmas. Shortby pjmcauleyUpdated 4
AU200AUD Mid-Term PlanAU200AUD along with the other indices is nearing to a correction more than 5 percent. Entry: 6800 Stop: 6900 First target: 6537 Second target: 6450. Have a profitable week. Follow to hear more.Shortby UpbeatFXUpdated 5
ASXAustralian index is on rise since 2008 with some decent corrections and now trading near all time previous high , However we see some strong resistance there Educationby ChiranjeevChhabra1
ASX 200/XJO Head and Shoulders Fibonacci Retracement 50%Potential head and shoulders. Right shoulder at 50% resistance and major resistance from prior highs. Looks weak into weekend. Too many risks going into weekend. Early next week could be upsets. Good Luck!Shortby pjmcauley4
AUS200 - short trade at right shoulder* 50% for all predicting. - 1% risk. - Good luck.Shortby dinhchien13
AU200AUD: BEARISH MOVE IS COMING.In the name of Allah, the Most Gracious, the Most Merciful. AU200AUD: BEARISH MOVE IS COMING. Market following Ascending channel pattern Plus major trend is also bearish. IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY. HOW TO TRADE ON OUR SIGNALS. We Explain above you use that lot size whatever Capital you have. Let say, for example; you have 4000 Dollars Capital. We Posted Trade which has 4 Take Profit. We will use 0.20 Total lot size We will divide it in 4 Orders. 0.20 lot Divided by 4 Take profit = 0.05 Lot size. So we will open 4 Trade with 0.05 Lot size for each trade. Let See How We will do. 1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target. 2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target. 3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target. 4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target. Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry. If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target. If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On. Note: This is only for Educational purposes; this is not investment advice. Thanks Adil Khan.Shortby Make_Money_Guru_Bitcoin27
AUS200 Seeing how price hasn't been too impulsive since the the completion of the Running Flat mean we have to be prepared that we might be making something more complex I'll be watching how price moves at the 127-141 fib level as we can have a down wave which signifies an Expanded B-wave Flat (the Large Contracting Flat pattern would be changed) Shortby HenryqUpdated 4
AUS200 LongOur previous forecast showed that the way price recently moved there was a strong possibility for an impulse to downside creating a more complex pattern on the Daily time frame Watching price on the lower time frame for reversal to the upsideLongby HenryqUpdated 4
Is the Market Finally Going to Crack?The RSI gave us a Divergence "a warning signal" on the monthly chart. Today sell-off of 2.19% was going to happen anyway. Maybe more to come if the US Market continues to sell-off. I am still bullish long term and have added support lines on where I expect the price to bounce back. ---- Related ideas Nov 30 TD Sequential is showing a Green 9. This could be a temporary top for the US Market. We could see a small pullback towards the moving averages.by johninvest175
AUS200 SHORT PART 44H: - definite dip occuring - seemed to have found minor support at previous high, however previous candle indicates it could dip down further as well as CCI - either trendline or first zone may give the final push upwards - the first zone falls on the 38% leg - OVERALL GAMEPLAN: waitShortby jordanlacedup0
AUS200 SHORT PART 3Daily: - bearish bias clearer as opposed to weekly, due to hangman and bearish engulifing candles (the last two) - a retracement is highly likely - however index funds usually consolidate before making a reversal, hardly ever that easy - hence the daily forecast having two alternate playouts, either the broken trendline or either of the two red zones may be difficult to pass, resulting in a bounce creating a double topShortby jordanlacedup0
AUS200 SHORT PART 2Weekly: - potential double top forming - needs more confirmation, (eg. a bearish hammer, a doji or an emgulfing candle if this chart is your decision maker)Shortby jordanlacedup0
AUS200 SHORTMonthly: - third time at trendline - at post recession levels - bearish bias is firmShortby jordanlacedupUpdated 0