AEX - Breakout- Long
The price has broke the resistance of the bullish flag pattern. The trend will probably continue.
First target is 0.618. The 0.618 fib. extension is also in line with the resistancezone 505~510.
First target is 0.618. The 0.618 fib. extension is also in line with the resistancezone 505~510.
Trade active
Note
AEX had a good week and made a nice move upwards. Lets see of it will reach my resistance area. First target 505 ~510.Trade closed: target reached
Took profit @ 500.0
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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.