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.
It seems to me that a fractal is in play so a new cicle is beginnig after the last spring circled.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.