AUS200 H4 | Bearish Reversal Off Overlap Resistance

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AUS200 H4 | Bearish Reversal Off Overlap ResistanceS&P/ASX 200 Index CashFX:AUS200FXCMThe price is reacting off our sell entry level at 8,867.66, which is an overlap resistance that aligns with the 141.4% Fibonacci extension and slightly below the 78.6% Fibonacci projection. Our stop loss is set at 8,921.82, which is a pullback resistance that aligns with the 78.6% Fibonacci projection. Our take profit is set at 8,777.09, which is an overlap support that aligns with the 50% Fibonacci retracement. High Risk Investment Warning Stratos Markets Limited (