AUS2001) Range breakout
2) Aus200 Printing HH and HL
Move your Stop Loss to the Entry Point when TP 1 get hit.
AUS200 trade ideas
Is it over for AUS200 bulls? The Australian Stock Market Index ended last week with a powerful breakout from a 107-day-old triangle pattern. Despite corrections this pattern remains valid as long as the index stays above the breakout candle low of 7795. Between 7902 and 7795, traders are likely to seek buying opportunities on dips, aiming for the pattern target of 8197.
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XJO (ASX200): 19 JUL, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Forecast: Bullish
Position: Fourth Wave
Wave (iii)-orange is opening up to push higher, it is subdividing into wave iv-gray. The fourth wave will push down a bit and soon expire, then the gray v-wave will return to continue pushing higher.
Invalidation point: 7,819.0
Aussie Flag BreakoutThe ASX 200 on the intraday chart has formed a Pole and Flag Pattern. It appears there maybe a breakout to the upside.
The long trade is on chart
1. Enter - at breakout of 8050
2. Stop - if this is a valid breakout, then 1/3 the flag consolidation should be sufficient.
3. Target - Either a measured move or the D point
RR = 3+
AUS---200-----Bullishthere is no divergence in H4 when see round shape make a entry and there is break of resistance
AUS200-----Bearishthere is price rejection at resistance with divergence also there is cross of 20ema with 50 ema
ASX rally to stall at market price?ASX200 - 24h expiry
Indecisive price action has resulted in sideways congestion on the daily chart.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 7770 will confirm the bearish momentum.
The measured move target is 7725.
We look to Sell at 7800 (stop at 7832)
Our profit targets will be 7720 and 7700
Resistance: 7775 / 7800 / 7825
Support: 7750 / 7735 / 7725
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX AUD- Long Set UpLooks like reversal on 1H TF. Have my buy stop / entry at 7762.
Entry - 7762
Stoploss - 7672.5
TP-1 - 7852.2
TP-2 - 7942.8
#Trading #Technical #Crypto #Stocks #commodities
AU200AUD to continue in the upward move?ASX200 - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
The measured move target is 7850.
We look to Buy at 7750 (stop at 7710)
Our profit targets will be 7825 and 7850
Resistance: 7800 / 7825 / 7850
Support: 7750 / 7725 / 7700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUS200 RISING IN THE SHORT-TERMIn the short term as we can see my prediction, the price is rising up on the australian index, the possible rise is 7,894 with confluence on second impulse and 161% fibonacci level
AU Weekly Idea 5.28.24My Usual Setup that I didn't publish... still has some interesting levels to play out.
AU200AUD short term RSI has turned positive.ASX200 - 24h expiry
The correction lower is assessed as being complete.
Short term RSI has turned positive.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7825 will confirm the bullish momentum.
We look to Buy at 7775 (stop at 7735)
Our profit targets will be 7875 and 7895
Resistance: 7825 / 7850 / 7875
Support: 7800 / 7775 / 7750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
aus200buyers took control of the market the previous lower lows supply held it's too strong.switch to 30minute tf and execute your long
ASXAUD Forrex This Chart was printing a Bearish trend line but there is a Divergence so it will Print a Bullish trend with Ascending Continuous Pattern
The Entry Point will be instant Buy Stop .
Will Australia overcome the triple top?The Australian session has started on a positive note with both annual and quarterly retail sales in positive territory on an annual basis (previous 4.1% vs. 1.5% today) and showing a correction although still in negative territory on a quarterly basis (previous -1.9% vs. -0.3% today). Australian PMI data showed a slight decline. The Australian Federal Reserve's (RBA) consumer inflation expectations are for a slight correction from the previous 4.6% vs the current 4.5%. Tonight's session may confirm slightly downward consumer confidence, if the consensus exports, trade balance and imports are as positive as presented and show an acceleration of the Australian economy. The RBA currently has estimated consumer price inflation at around 3.6%, the previous indicator being 3.5% and the cash lending rate target is at 4.35% based on May 8 data. The truth is that we have a scalextric of emotions with interest rate expectations over Australia, and the truth is that the Australian Federal Reserve is keeping the door open to rate hikes of 0.25% in its next meetings, looking for 2024-25 to target 2.75% and not 3.5%, and looking to reach 2.5% by 2026 onwards.
The S&P/ASX 200 has shown to remain strong in the highs zone and it is also partly a result of the fact that some of its companies have a very strong correlation with the gold market which is currently in the highs zone as well as silver, which has doubled its value during this 2024 (45.41%), as well as gold has risen by 24.39%. The metals and Gas markets are very important for Australia as an exporter of technologies for these markets and one of the main suppliers of LNG to Asia.
Looking at the chart, it is currently at 7,831.16 points, with a high of 7,927.42 points and a low of 6,734.52 points. The development of the index has been slightly upward limping.
If we look at market expectations, it would not be unusual to see a growth of the Australian index. The RSI is in its middle zone at 56.70% while the price bell that has formed on the daily level is dual, and heavily weighted on the current price zone which is between highs and 7,392.34 points. If the triple top is breached we could see a new round of bullish sessions. But it is more likely to see a correction to 7,392.34 than the overcoming of such strong resistance.
Ion Jauregui - AT Analyst
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AU200AUD to form a higher low?AU200AUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
The measured move target is 7850.
We look to Buy at 7760 (stop at 7720)
Our profit targets will be 7860 and 7885
Resistance: 7800 / 7835 / 7850
Support: 7775 / 7760 / 7750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUS200 (Long Setup)Everything has mentioned in the chart.
Buying divergency on 4H time frame.
Hammer on demand Zone
Buying volume increasing
Target the current supply zone.
wait for price to get to the demand zone again.
thank you for reading.
ASXAUD Index chartThis Chart shows a bullish trend as its making a divergence and after the trend is break it will make a Bearish Trend which mentioned D point Which is called Potential Reversal Zone .
Entry Point(Buy Stop):7847.1
Stop Loss:7722.2
Lot Size:0.000055
TP1:7970.1
TP2:8100.7
AUS200 Buy Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of AUS200 cash index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next target.
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ASX to continue in the upward move?AU200AUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
We look to Buy at 7750 (stop at 7718)
Our profit targets will be 7830 and 7850
Resistance: 7800 / 7825 / 7850
Support: 7775 / 7750 / 7725
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX200 - the bulls in control for now Everyone is talking about the moves in the FTSE100, but the ASX200 is having a moment - we see solid rate of change, the index is still no where near overbought, and we see 4 days of rising range expansion. Momentum is clearly to the upside, which suggests dips should well supported and shallow - hard to be short on timeframes 4hr+ and favour this higher but a move below the former breakout area of 7723 and I would be more cautious.
(Thoughts from Chris Weston)
AUS200 Soars Towards Yearly Highs Amid Strong Resistance ZonesHello Everyone,
The AUS200 is showing signs of upward momentum, reaching a fresh weekly peak at 7818.57. There's optimism in the market to challenge the yearly high at 7929.90 and potentially exceed it. The current setup looks promising, but it's worth noting that significant resistance levels lie ahead at 7817.805, 7859.268, and 8107.547.
TradeWithTheTrend3344
AUS200 is moving toward trend reversal.Chart is showing completion of Butterfly pattern. At PRZ we can observe divergence which is also indication of trend reversal so we can take entry according to our trade plan once it start making new ll's and lh's.
