BUND - 4H - Breakout in progress?

FX:BUND   Euro-Bund
Thoughout the last year we saw a constant bull market in the Bund . now it seems its finally time for a little bit of releave (also due to stronger indicies)

we saw an impulse breakout recently violating trendlines of the recent upmove. after that we corrected upward in a slow fashion. now another impulse down become more and more likly after the hit of the 618 retrecment. so look for trendline violations.
i think we will most likly see a gartley type form - so a spike up again after hitting the first targetarea but if you want a second target zone it should be somewhere down at the retest of the next major trendline .
Comment: trade is startin to set up. maybe tomorrow we can find an entry
Excellent!! Great job :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out