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rlpz
Feb 19, 2019 10:37 AM

$ALREW Clear breakout of simmetric triangle after a inverse H&S Long

REWORLD MEDIAEuronext

Description

Longing here EURONEXT: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:

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