pablo82
Long

WEEKLY SETUP

FWB:VOW   VOLKSWAGEN AG ST O.N.
140 0 7
We have a triangle pattern in development on weekly timeframe .

We have also huge gap which has not been filled yet.

There is still posibility for new H3 and L3 of pattern in making.

I have a two strategy to play this out :

1 - early entry if price pull back to yellow zone with SL below it with much beeter RR
2 - tradinional entry when price break out fom triangle with SL below L3.






Comment:
Comment: I think it is time to buy now. Price might go down more but any drops will be bought by strong hands.
Comment:
Comment: Good time to add to positions or open longs if not bought earlier.

I expect a strong up move on high volume soon.
Comment:
Comment: Price aproaching key level.

Might breakout from triangle.

1000 points in profit at the moment.
Comment:
Comment: Breakout confirmed.
Comment:
Comment: Fantastic progress.

Over 2300 points in profit.
Comment: We have had more than 20% advance in price over few weeks time.

We generate very nice profit.

I will start to close all my longs shortly but still expect final push up first.
Comment:
Comment:
Comment:
Comment: Good opportunity to enter trade.
Comment:
Comment:
Trade closed: target reached
Comment: Target reached 2017/21/11 2 weeks before time stop.
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