4 time it test 5350
Inverse XABCD patern
flag both on RSI an H4
If it dont breach 5350 there is a clear bull signal for 200 + pips. if it breach SL 5250
If you see the "Aussie map", linked below, gives a more rounded picture of the local market at the time being.
Stocks are currently in confluence area that gives the shorts better probabilities for a possible correction.
Momentum divergence can been seen from miles away and a closing below the up trending arc line will have the sound of a bottle opened,...