ASX200 - Target still on its way to 7,814Target 1 remains at 7,814 for the ASX200 (AU200) We based the decision on a large Rounding Bottom that formed in 2022. Now we have a new Cup and Handle form. 7 >21 >200 MA RSI >50 - Upward momentum - Bullish Funny enough, the target remains at 7,814. BULLISHLongby Timonrosso2
AUS200Dear friends, what we are going to see in this post is why I'm waiting to go long on AUS200. Price was travelling in the downward direction in the 4h time frame and now it is the verge of a breakout. As it is a breakout for the first time from the downward parallel channel, price will reverse as there is a supply zone at 7146.00 to 7183.80. Even though price is near to the 8h supply zone still price is coming from the strong demand zone. Now you can see there is a heavy buying pressure. Whatever AUS200 goes towards the supply zone still it is coming from a strong demand zone. So, shorting at this time is little is a bit risky but small profit can be expected. Don't expect too much. Just book the profit if you are shorting and sit quietly for the price action. Because it is very important to stay protected our capital in the stock market. If you look at this chart the price has a strong support to retest to go upside. Trend is down in the lower time frame, and it is up in the higher time frame. As we all know that higher time frame controls the lower time. So, if you want to go short, yes you can. But don't expect too much. Price may or may not go up quickly. But all I expect is that the price will go down to take a strong support and then go up. If you are a breakout trader and you're on the verge of the market high, then you can plan your risk accordingly. The current supply zone will prevent the price from going up. The traders who have taken the long position entrap bulls. Everyone rushes to open a long position as the price is going up rapidly. But after opening the long position the price starts to fall after the frenzy that heats up our head. If the price of this script starts falling, then the best place to open a long position is at 7029.00 or 6921.00. Look at the chart attached for a better clarity. Avoid buying in haste. Perhaps 7110.00 is a good place to buy this stock if it closes above 7200.00. But it is wise to follow your risk management before taking entry. I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways. Thanks & Regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market". FXOPEN:AUS200Longby AlphaTradingStationUpdated 0
ASX200 shaping up nicely for bullsThe ASX200 is bias up ahead of the CPI release today....into previous resistance and highs so may react lower again but for now is looking nicely supported.Longby TradeTheStructure112
AUS200AUD re-testing double top necklineTrade Idea: Selling AU200AUD Reasoning: Double top formed in 1hr chart. Re-testing the neckline Entry Level: 7097.6 Take Profit Level: 7006.7 Stop Loss: 7127.6 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Shortby Signal_Centre223
Buying ASX at market.ASX200 - 24h expiry - We look to Buy at 7105 (stop at 7065) We are trading at overbought extremes. A lower correction is expected. Short term bias is bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 7220 and 7280 Resistance: 7340 / 7590 / 7800 Support: 7140 / 6965 / 6860 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.Longby OANDA111
AUS200 trading at supportI would take a long position here but will be with smaller risk than usual because the market is at 4h resistance but there could be a chance for another push up. Longby The_Trendline_Alchemist0
Selling ASX into a rally.ASX200 - 24h expiry - We look to Sell at 7130 (stop at 7175) We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 7005 and 6975 Resistance: 7140 / 7340 / 7590 Support: 6965 / 6860 / 6770 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.Shortby OANDA0
Expecting AU200 to cheer up as US/EU re-opensTrade Idea: Buying AU200AUD Reasoning: Reacted from 6860 looking to re-test break of support. Expecting prices to be dragged back up from US/Europe re-opening in the new year. Entry Level: 6921.0 Take Profit Level: 7011.0 Stop Loss: 6891.0 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Longby Signal_Centre4
S&P ASX 200 Index - 15MGoing Short Entry: 7070 SL: 7133.9 TP: 6992.2 Going short on S&P ASX 200 Index. Market moves bearish.Shortby DexterDot111
AUS200 LONG Leveraged products carry a high degree of risk to your capital and any forecasts given are not a reliable indicator of future performance. Longby gustfx3
Buying ASX at psychological level.ASX200 - 21h expiry - We look to Buy at 7000 (stop at 6960) Selling pressure from 7171 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The medium term bias remains bullish. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 7115 and 7140 Resistance: 7140 / 7340 / 7590 Support: 6965 / 6860 / 6770 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby Saxo1
AUS200 forecast December/JanuaryWith holiday comes low volatility. I expect market to stay within 7080-7158. Very likely till first week of January. This might play out two ways: 1. Bullish scenario: - we break above 7158, and hit 7250. (Max 7400 to form double top on daily chart and then drop to 6500 or even new lows) - looking into Elliott Waves strategy - we could face one more wave to the upside 2. Bearish scenario: - not much movement until Jan, staying around 7080-7195. - drop to 6500. Long story short I expect going back towards 2022 lows in the next three months. It’s hard to say when exactly it’ll happen. Big move can be triggered by pretty much anything at this point (worse CPIs, new Russian sanctions, restrictions in China, new wave of Covid….). This is a risky enviroment so trade carefully and always do your own analysis before opening the trade. by Trinnisia_Trades112
SPI200 - Sentiment remains negativeSPI200 - Intraday - We look to Sell at 7165 (stop at 7215) Buying pressure from 7018 resulted in prices rejecting the dip. With the Ichimoku cloud resistance above we expect gains to be limited. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. Our profit targets will be 7025 and 6965 Resistance: 7140 / 7340 / 7590 Support: 6965 / 6860 / 6770 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.SShortby VantageMarkets0
Low confidence in ASX rally to lastThin Volumes, Heading into historical resistance are, MACD already flashing Global risk landscape did not change significantly since the bottom Getting close to all time high - just about 5% off, the closer we get the more attractive risk reward shorts have What are the chances of breaking new highs during economic uncertainty and increased price for liquidity?Shortby SubZeroUpdated 1
AUS200AUS200 as long term trend , is coming short to sell off. trying to hold,, trend..Shortby YODA-TRADER0
Buying ASX at market.ASX200 - 21h expiry - We look to Buy at 7160 (stop at 7120) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. The 200 day moving average should provide support at 7141. Preferred trade is to buy on dips. Our profit targets will be 7275 and 7340 Resistance: 7340 / 7590 / 7800 Support: 7140 / 6965 / 6860 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.Longby OANDA0
Aussie200 2 months Outlook After a successful uptrend. Looking around the zone to sell. Be on a lookout. Around 6-7% from zone downwards. Likely pressure should come in 1 or 2 weeks. Switching maybe back to USD or US Equity. All the best.by reazosman0
ASX200 Bearish Cypher RetracementWe've hit the 786 here on the Bearish Cypher. ADX has reached extremes and shows the bullish DX cloud beginning to fade out RSI is showing maturing Bearish divergence as it falls under the moving average and out of the bullish control zone Id love to see a lower low and lower high locally to confirm the downtrend. A common retracement to the 382 would bring you to about 7000 and the 618 sits around 6700. Shortby TradingNomadic0
ASX setting for upside to 7,814Rounding Bottom has formed on ASX but the breakout was not strong at all. I think there'll be a retest to the previous support, which could jolt the price up to a target of 7,814 7 >21 >200 MA looking bullish. Now we wait Longby Timonrosso1
AUS200running trade,, waitting for my traget.. nice trade.. beautiful trade.. volume imbalance , cot. shifting order flow , sequencing..Shortby YODA-TRADER0
ASX to find buyers at previous support?ASX200 - 22h expiry - We look to Buy at 7190 (stop at 7140) 3RR Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has potential to return. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 7340 and 7590 Resistance: 7340 / 7590 / 7800 Support: 7140 / 6965 / 6560 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. Longby OANDA0
Buying AU200 at swing lows.ASX200 - 21h expiry - We look to Buy at 7226 (stop at 7180) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has potential to return. The hourly chart technicals suggests further downside before the uptrend returns. We look to buy dips. Our profit targets will be 7335 and 7395 Resistance: 7340 / 7590 / 7655 Support: 7140 / 6965 / 6770 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.Longby OANDA1