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AsimMirzaTrader

SYD - Trade Plan

Long
AsimMirzaTrader  
ASX:SYD   None
Trend Analysis Wave Analysis Chart Patterns ASX asx200 asxlong asx200long sydney bearishtrendlinebreak
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trendanalysis waveanalysis chartpattern asx asx200 asxlong asx200long sydney bearishtrendlinebreak
My trading Bias for SYD is Bullish as it has clearly bounced off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.

TP1 ~ $6.60 (Potential Gain 11%)
TP1 ~ $7.00 (Potential Gain 17%)
Stoploss - $5.40

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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