The ASX200 has reached last year's high, and bulls have attempted to push the price higher, and we have seen a failure for demand on the weekly for the last two weekly candles.
Seasonality - Risk off.
Price is reached MM3 pivot.
If support is breached on the hourly -8592 and the hourly candle closes, and the next candle restest this area then the trade plan is to short.
Targeting - WKM1 - 8506.
Seasonality - Risk off.
Price is reached MM3 pivot.
If support is breached on the hourly -8592 and the hourly candle closes, and the next candle restest this area then the trade plan is to short.
Targeting - WKM1 - 8506.
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