📈 AUS200 Unstoppable 📈

📈 AUS200 Unstoppable

📈 Nearest strong support zone: around the 0.786 level of the downward wave.

📈 Nearest strong resistance zone: around the 0.886 level of the downward wave.

📈 Technical environment:

- Moving averages: Uptrend

- MACD: Uptrend

- RSI: Uptrend

📈 Price action: the AUS200 has been positively distinguishing itself from other stock indices for quite some time now by showing very strong upward momentum, we are getting higher day by day. In addition, we have broken through another resistance which will currently serve as support. It is very likely that on the wave of strong growths we will see the next resistance zone in the perspective of the coming days.

📈The scenario I am playing out is a continuation of the increases to the vicinity of the next resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

📈 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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Trade closed: target reached