Australia 200 — ATH Extension Before Bearish Reversal
Australia 200 is currently trading around its All-Time High, where price may push slightly higher before facing strong selling pressure. The expectation is for a final upside extension followed by a bearish reversal from the higher zone.
Rather than chasing the upside at ATH, the focus remains on waiting for the reversal and confirmation before targeting the downside. If the bearish structure develops as expected, Australia 200 could enter a broader corrective move.
Bias: 🔴 Sell / Bearish Reversal
Setup: Swing Sell
Key Area: All-Time High / Higher Extension
Expectation: Slight upside → Reversal → Downside continuation