DAX 30 UKX FTSE 100 CAC 40 FTSE MIB Elliott Wave 15 March 2019 [Video]
|NIFTY 50, ASX200, COPPER, IRON ORE, BHP and RIO Technical Analysis Elliott Wave and Trading Levels.
ASX200 XJO
ASX200 Elliott Wave The move down from the top is in three waves, so it's bullish corrective, that said a larger correction can unfold, this correction would be part of the Flat family of corrections.
ASX200 TradingLevels: 6200 (61.80 as Price Ratio) as support or resistance will confirm the direction
ASX200 Trading Strategy: Long above 6223 and short with 6172 as the retested resistance.
NIFTY 50
Elliott Wave: Wave v)
TradingLevels: Waiting to confirm tested support on top of Minor Group 1 11,300 (MG1|11,300)
Trading Strategy: Long again when 11,372 becomes the retested resistance with Stop at 11,324.
Current Trailing stop is 11,276 with open target near the TradingLevels Medium Level (ML15|11,500) 11,500
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.