Trading opportunities Volkswagen - Symmetrical triangle
Updated
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
- 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
Note
Break of €149 will probably shoot up to €151 in a short period, planning to open a short.
Disclaimer
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.