Hi everyone! Here's my review of ASX 200 Index for today.
A few days ago, in tandem with the global market selloff, it was extremely bearish for a few days. But starting two days ago, the buyers took control, as shown by the bullish candlestick. As annotated in the chart above, I include the support and resistance for buy/short entry.
Let's see what happens next whether it goes up, down, or between both support and resistance.
A few days ago, in tandem with the global market selloff, it was extremely bearish for a few days. But starting two days ago, the buyers took control, as shown by the bullish candlestick. As annotated in the chart above, I include the support and resistance for buy/short entry.
Let's see what happens next whether it goes up, down, or between both support and resistance.
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Update: You might notice that both bullish candles are actually inside bars. :)
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