Cypher to Break Aussie Flag

ASX200 is in a Bullish Flag configuration, as this equity index (as with many others) is in
a corrective mode.

Within this pattern, a Harmonic may also be in the making. Specifically, a Cypher Pattern with
a 1.41 extension.

Keeping a watch on this index for a move towards 7825-7850.

In a larger scheme, this move is simply a retest of a HTF breakout.

If price holds above 8000 , it would be a bullish sign.

Below 7800, and its back into the Rectangular consolidation.