Asx200buy — Trading Ideas on TradingView

ASX200 Heist Blueprint – Entry, Exit, Escape Mapped Out!💼💣 The ASX200 Heist Blueprint: Bullish Loot Incoming! 🔥💰 🌍 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 👋 Welcome back, Money Makers & Market Robbers! 🤑💸✈️ It's time for another high-stakes heist, this time targeting the ASX200 / AUS200 “Australia 200” Index. Get your trading toolkit ready – we're planning a strategic, stealthy bullish operation based on Thief Trader’s signature blend of technical setups + macro fundamental analysis. 💹 ENTRY STRATEGY – "The Vault Is Open!" The bullish loot is ripe for the taking. Watch for pullbacks on the 15M to 30M charts – layer in limit buy orders near recent swing lows or key levels. 🧠 Use DCA-style (Dollar Cost Averaging) layering to maximize your position like a smart thief scaling walls. Every entry counts – but precision matters. Time your move, rob the dip, and don’t get caught by the bears. 🐂💥 🛡 STOP LOSS – "Don’t Trip the Alarm!" Protect your capital like it’s the last stack of bills in the vault. 📉 Suggested SL: Near 4H swing low/high (e.g., 8620.0) Always adjust based on: Your risk tolerance Position size Number of open entries Risk smart. The getaway must be clean. 🚁💨 🎯 TARGET – "8880.0 & Beyond!" That’s the main exit point for our current job. Expect tough resistance ahead – the police barricade zone where supply, exhaustion, and reversal pressure builds. Book profits and treat yourself like a boss – your hustle deserves celebration! 💪🎉🍾 📊 Market Condition Overview The ASX200 is currently in a bullish trend, supported by: Risk-on sentiment globally 🌐 Aussie economic data strength 📈 Global indices correlation 🧩 Technical confirmations from Thief Trader tools 🔧 📌 Important Note – Stay Informed! 📢 Fundamentals Matter! Tap into macro analysis, COT reports, geopolitical news, sentiment indicators, and intermarket flows. These are the real gears behind the charts. 📡 Always stay sharp and analyze what’s behind the candles. ⚠️ NEWS TRAP WARNING 🚨 Big news = big volatility. Don’t get caught during releases. ✔️ Avoid opening new positions around high-impact events ✔️ Use trailing SLs to protect open profits ✔️ Manage leverage like a pro thief manages their escape route 💖 Support the Thief Gang! If this heist plan helped you, hit that Boost 💥 & Follow – it fuels our mission to help more traders rob the market cleanly and smartly. Together we earn. Together we learn. 🧠💼 Stay tuned for more heist blueprints and tactical break-ins into global markets with the Thief Trading Style™. 🔥 Until next time, rob responsibly. 🕶💸🎯

AUS200 Breakout or Fakeout? I Say Breakout – Here's Why 🔍 Technical Overview: After monitoring the recent movement in AUS200, I believe we are in the early phase of a bullish breakout continuation rather than a fakeout. Uptrend Structure: Price has been consistently respecting higher lows and trending above the green trendline. Break of Descending Resistance: The downtrend line has now been pierced with momentum candles — a bullish sign. Buy Condition Set: Next 1-hour/s candle should close above the intersection (highlighted zone). Candle should be green, and preferably no wick on the top (indicating strength). Volume analysis to be considered on confirmation. ✅ Trade Plan: Buy Zone marked. Stop Loss Zone clearly defined – I plan to exit the trade if price closes back below the shaded red/gray zone. Upside Potential: Initial target around 8,820–8,840, with extension toward 8,900+ if momentum sustains. Risk/Reward ratio looks favorable based on current structure. 📰 Fundamentals: I have not yet identified any bearish macro or news catalyst that contradicts the current technical picture. If you know of any relevant developments (e.g., RBA policy, earnings, CPI releases), feel free to comment. 🔄 Validation Request: Would love the community’s take: Do you see this as a valid breakout? Any hidden divergence or bearish signals I might have missed? Let me know if you're tracking the same structure or see something different.

The swing low could be in for the ASX 200 (XJO)The ASX 200 suffered its worst day in 10-week on the final day of May, thanks to weak China PMIs and month-end flows. The first day of June posted a very minor (almost sheepish) gain, but with a positive lead from Wall Street and SPI futures higher by ~0.66% overnight, the ASX is expected to extend its rise from the lows. The fact that the lows formed around a 61.8% Fibonacci ratio 7070 support level alongside a bullish RSI divergence could bode well for bulls over the near-term. From here the bias is bullish above last week's low and for a move to the 7200 area, within the channel. But as the channel appears to be corrective in nature then we also see the potential for it to head for (and break above) the 7300 highs. But as we're a period of the year notorious for fickle price action and lower trading volumes, traders might be wise to remain nimble and seek smaller moves unless a large macro theme arrives worthy of expecting broad-range expansion for global markets.

It could be now or never for ASX 200 bulls I suspect it could be a case of now or never for ASX bulls. Whilst it suffered its worst day in 9-weeks on Thursday, this could be part of an ABC correction and the 200-day MA is nearby as a probably support level, even if it breaks lower today. Futures markets shows heavy volume occurred around yesterday's lows (bears piled in around the lows) yet sentiment could rise if a debt ceiling deal is reached as reported, forcing a short-covering rally. Yesterday’s low sits around a 50% retracement and 61.8% projection level, and there is a volume cluster around 7122 during the strong rally which could provide support. Furthermore, RSI (2) is oversold. The bias is bullish above 7090 (below the 200-day MA) and for its next leg higher to begin.