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mleeuwenburgh
Oct 16, 2018 7:44 AM

Trading opportunities Volkswagen - Symmetrical triangle 

VOLKSWAGEN AG VZO O.N.XETR

Description

Volkswagen currently moving in a symmetrical triangle, multiple trade opportunities available;
- Short 0.768 fib
Entry: ~€151
Target: ~€142
Stop: €152-€153

- Long 0.382 fib
Entry: ~€142
Target: ~€148
Stop: ~€140

- Short/Long breakout of triangle
Target break upwards: €168
Target break downwards: €122

Comment

Break of €149 will probably shoot up to €151 in a short period, planning to open a short.
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