AUS200 Weekly Idea 4.1.24
Always keeping it simple with Multi-Time Frame Highs and Lows, IB's and OB's.
(previous sell levels still marked)
High Level Overview
AUS200 Overall Bullish and is at it's highest high.
Monthly RSI is looking seeking to purchase higher, although, we are due for a pullback on the lower timeframe.
Break of structure could lead to a test of levels 7216-7507-7341-7164-6972 to key level at 6849. If we break lower to 6400 we can expect a change of trend.
(previous sell levels still marked)
High Level Overview
AUS200 Overall Bullish and is at it's highest high.
Monthly RSI is looking seeking to purchase higher, although, we are due for a pullback on the lower timeframe.
Break of structure could lead to a test of levels 7216-7507-7341-7164-6972 to key level at 6849. If we break lower to 6400 we can expect a change of trend.
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