AUSTRALIA 200 LONGHey traders, Hope you are having a good trading week.
AUS200 – VCP (30-Min)
Price is forming a clean 3-leg Volatility Contraction Pattern after the prior move.
Each successive leg shows clear contraction in range and volatility, indicating supply absorption near the top of the base.
The third leg is the tightest, positioning price for expansion.
Risk:
Stop-loss: 8665 (below the 3rd-leg low)
Target logic:
On resolution, price is expected to expand by the depth of the base, projected from the breakout zone — consistent with classical VCP behavior.
Structure remains valid as long as the defined risk holds.
Long
