Brown.Michael.6
Short

AUS200 BREAK OF 60MIN TREND LINE

FX:AUS200   S&P/ASX Index of Australian Listed Shares
63 0 3
the aus200             has broke though and closed below the trend line on the 60min chart, this is in line with the overall trend on the higher time frame. I have a target of 4973 using my system with a stop just about the highs for a 1:1.5 return. but this will all depend on the opening tomorrow as to if this trades R:R is still favourable .

please note this is not a buy or sell recommendation, this is just my own view.
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