A possible move on ASX 200 as it heads towards support

An emerging Channel Down has been detected on ASX 200 on the 1 hour chart. There is a possible move towards 7978.6473 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

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A possible move on ASX 200 as it heads towards support

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A possible move on ASX 200 as it heads towards support

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