AUS200/ASX200 long trade

With a low test close testing a support area and the ascending trend line, and rejecting the 0.382 Fibonacci level as well as the 50% retracement line, this a long continuation trade with a preliminary target at the next resistance level. Entry above high of low test bar and stop loss below low of low test bar.
382 Fibonacci Retracement50%-retracementlow-test-barsupportSupport and ResistanceTrend Lines

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