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Chimbarosa

RWE: Possible break out with TP @ 36/40

Long
RWE AG (XETR:RWE)  
Chimbarosa Updated   
XETR:RWE   RWE AG
Support and Resistance Trend Lines Triangle
2
0
supportandresistance trendline triangle
I like the set-up.

It seems that RWE tries to break out of a triangle. Even though we have some MA in the way to a possible TP around 36, I like the set-up.

It seems as well, that we have some support around 30.

Take care!

Trade closed: target reached
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