Van de Velde long entry [Just an idea]

Hi traders,

For this stock I am looking for a long entry at € 62. My reasons:

• Previous structure
  
• 38.2% Fibonacci retracement of the move from February 2016 to June 2016
  
• 61.8% Fibonacci retracement of the move in June 2016
  

Entry: € 62
Stop: € 64,28
Target: € 60,61 = R:RR 1.8

Good luck! Updates will come =]

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