ASX200 CBA ANZ BHP FMG IRON ORE COPPER AUDUSD Technical Analysis Elliott Wave
Overview: Looking for a top of Wave (iii) of (v)
ASX 200 Technical Analysis:Over bought
Trading Levels: Resistance at 7100
ASX200 Elliott Wave: Wave a of (v) of v) or a count in line with the US indices is Wave v of (iii) top
ASX200 Trading Strategy: We have taken profits on the asx200 trades and now waiting for the next long trade set up.
Peter Mathers - TradingLounge
Looking to Refine Your Trading and Technical Analysis Skills?
TradingLounge's SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/
#asx200#xjo#bhp#cba#analysis#trading
ASX200 Profile
The S&P/ASX200 index represents the 200 largest stocks on their weighted market capital in the Australian stock market "Australian Securities Exchange" (ASX). This ASX200 index represents 72% total market value of the stocks trading on the Australian Securities Exchange.
The Charts in this video are from a Contract For Difference (CFDs) perspective, meaning the data feed is partly from the ASX cash market and the SPI futures markets plus fair value as a CFD product for CFD Trading.
=========================
Connect with Tradinglounge:
Visit Tradinglounge Website: https://www.tradinglounge.com/
Like Tradinglounge on FACEBOOK: https://www.facebook.com/tradinglounge/
Follow Tradinglounge on TWITTER: https://twitter.com/tradinglounge
Follow Tradinglounge on LINKEDIN: https://www.linkedin.com/company/trad...
=========================
Risk Disclaimer
As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on.
Note: Historical trading results are no guarantee of future returns.
Some investments are inherently more risky than others. At worst, you could lose your entire investment and more
TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk.
The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses.
▶️ DTube