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msohaibkhan

AUS200 - Bearish reversal

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Australia 200 Index (PEPPERSTONE:AUS200)  
msohaibkhan  
PEPPERSTONE:AUS200   Australia 200 Index
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
It is making a rising wedge reversal pattern, indicating an imminent bearish reversal. Aiming to enter just below the break of the last HL by placing the sell-stop order. SL is to be set at the current HH and TP set at a 1:1 R/R ratio.
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