S&P/ASX IndexShort
AUS200 - Potential Patterns (Continued from last ASX chart)
From the first chart, if target 1 and 2 is reached.. It will potentially complete a C Leg for two potential patterns to form.
If so, then I would look for evidence for a reversal back up and confirm if price completes the D Leg to complete the pattern.
If the two patterns complete, then i will look to enter short.
If so, then I would look for evidence for a reversal back up and confirm if price completes the D Leg to complete the pattern.
If the two patterns complete, then i will look to enter short.
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