$ALREW Clear breakout of simmetric triangle after a inverse H&S
Longing here
ALREW
purely on TA , as mentioned breakout of the simmetric triangle and already retrace to 0.5 fib with an objective first objective of 2.74 and a second of 3.36, first one is all time high price and the second objective represents the messurement of the widerpart of the simmetric triangle.
It seems to me that a fractal is in play so a new cicle is beginnig after the last spring circled.
ALREW
purely on TA , as mentioned breakout of the simmetric triangle and already retrace to 0.5 fib with an objective first objective of 2.74 and a second of 3.36, first one is all time high price and the second objective represents the messurement of the widerpart of the simmetric triangle. It seems to me that a fractal is in play so a new cicle is beginnig after the last spring circled.
Trade closed: target reached:
Target reached an exceeded , closing all positions:
