Australia main index looks ready for further gains.
Technically,
A double bottom formation at the long term rising trend which was completed on breakout above the neckline at 5610.
Bullish divergence on Momentum
Breakout back above the two mean averages (50 and 200)
Major bullish pin bar on the weekly chart
Generally this is a guideline for the setup, you should choose whats suits you for entry and exit . For me, A pullback towards the neckline could be an opportunity to long. With a stop loss below 5480.00
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