Ive got 16815 area.If it can get through there should see 17,600...

  1. 17,035 Posts.
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    Ive got 16815 area.
    If it can get through there should see 17,600 this week IMO
    https://hotcopper.com.au/data/attachments/5845/5845525-39134bf01bdf0d13727385d70988bdc8.jpg

    Its where it rejected last week at the 200 EMA on the 1 hourly
    https://hotcopper.com.au/data/attachments/5845/5845527-2552c84a813753c1eb57db157b1a9a46.jpg

    Also it stopped out all the traders trading the potential cup and handle play and then reverse it. Happens alot of the time and gives big boys chance to grab more liquidity with all stops
    https://hotcopper.com.au/data/attachments/5845/5845533-d1af1541c070e25c473505493e54706b.jpg
 
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