ASX Bounced Off Support, Potential For Further Rise!

ASX is approaching our first support level at 5516 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance ).

Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
ASXasx200asx200longasx200shortasxlongasxshortasxspChart PatternsHarmonic PatternsTrend Analysis

👉👉 Join The OFA Inner Circle:

đź““đź““Learn Order Flow like a PRO:
ofa-course.com

🧑‍🏫🧑‍🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis

📧📧 DM me if doubts (100% response rate)
Also on:

Disclaimer