Mulakan
Australia 200 Index
Singkat

7000 Break or Bounce?

Oleh Swiing
In our previous analysis we mentioned how 7000 was an important level in the ASX market and how the breach of the level could trigger a shift in the market sentiment to bearish and signal continuation of the overall downtrend. Round numbers are of significant psychological importance and act as areas of interest attracting a lot of liquidity including stop and limit orders. As price now approaches 7000, the question now becomes, what happens next? As we know, it takes a "large candle to break a large psychological number". Break or Bounce?....

Bears Make Money, Bulls Make Money, Pigs Get Slaughtered!
Chart PatternsTrend Analysis
Swiing
Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.