Buy at trendline. Buy the dip on italian 10 years bond
BTPS close today at 3570 (testing support Fibo 61.8). There was no sign of reversal. If the price is still going down, the nearest support will be at 3430-3470. But if there is a reversal signal, the TP will be 3900. Summary Wait n see
Just leaving a mark here and let the future me do some throwbacks when i want to in the future A falling wedge pattern is forming, note that there is a fail breakout. At the moment, it is retesting at its support level around 3600-3700, and its long term upward sloping support (its channel, blue colour line) If it manages to break its: - 10,50,100 MA - downward...