Follow on FaceBook – Twitter – LinkedIn – YouTube and Instagram!!
ASX200 Charts – Daily and 30 Minute Updated!!
The ASX200 is has taken a hit since the last update. Price is heading south into a major support area which bulls will want to hold. Price is currently in a wider ranging pattern on the daily between 6887 and 7640 (ASX200 CFD). If price breaks out through support convincingly, then expect to see a shock to the downside. The Daily is extended lower while the 30min has more to go and is being anchored down at 7104. If the anchor at 7104 breaks on a move up, expect to see a move back into recent highs. For now, the pressure is down and it is time to be conservative.
For a more detailed technical view of Macro markets, check out my recent TradingView post here.
Hope you enjoy
PS Take a look at the YouTube Channel Here and remember to subscribe if you have not already!!
ASX200 Daily Chart
ASX200 30 Minute Chart
Join our DISCORD channel to follow The 5 Min Trading Day strategy and for more great trades while honing your trading with our community of both new and experienced traders!! Simply click https://discord.gg/4WhySawSvm
You can learn more and join our community by visiting https://www.tradethestructure.com and make sure to register for a FREE MEMBER ACCOUNT for great educational material and trade ideas.