|premium|

ASX200 Index CBA, BHP, NCM... Elliott Wave Analysis and Trading Strategies [video]

ASX 200 Index CBA ANZ NCM BHP RIO FMG Technical Analysis Elliott Wave Trading Strategies

ASX 200 Index Overview: Bullish Impulse pattern Wave (5)
ASX200 Elliott Wave (i) of v) of 3 of (5)
ASX200 Trading Strategy: Build long trades on 7420|7430|7450 with Classic Trading Levels patterns

Australian Stocks Elliott wave counts and notes.
CBA: Elliott Wave (iii) of iii)  Risk On
ANZ: Elliott Wave (iii) of iii)  Risk On
NCM: Elliott Wave i) of 3  Risk On

Video Chapters

ASX200 Overview:Tested support on 7400 creates a bullish market
Video Chapters
00:00 ASX200 
02:37 Banks Stocks CBA  ANZ NAB
06:15 Resource stocks BHP FMG RIO NCM
17:00 AUDUSD
18:40 Thanks for watching TradingLounge Analysis
Trading Tip
"Never, ever argue with your trading system."

Peter Mathers - TradingLounge

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to PremiumSign In

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

More from Peter Mathers
Share:

Editor's Picks

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary. 

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.