Long

AUS200 - Bullish Continuation Using 3 Bar Reversals, Fibs, AB=CD

After a recent violation of a previous structure high, the AUS200 shown signs of relief with a pullback into the previous level of structure resistance which we would now look to act as present structure support.

At this level price has also given us a 3-Bar Reversal which can be used as a reason for entry.

Targets are protected at a previous level of structure highs on the daily, also being supported by a Fibonacci extension level and an AB=CD pattern projection.

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Akil

Akil_Stokes

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Akil_Stokes

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