Kumowizard
Short

BUND - 5th bearish wave started from Kijun support

FX:BUND   Euro-Bund
69 1 4
As expected, the pull back worked, Price retested Kijun Sen, which again proved to be a strong bearish support.

Bund             is still a sell. The 5th bearish wave has started today. Let's see how deep it goes.

However looking at the weekly chart, I have the feeling that we will see some normalisation in volatility . That means we'll see less agressive moves, and maybe smaller Heikin Ashi candle bodies and/or shorter wicks. HA Candles may start to form a pattern of consolidation within the thick weekly Kumo, ard             the 100 WMA . In case later it pulls back higher, I'd still be a strategic seller close to 154.

p.s.: I closed my counter trend long in time, but as I am just back from my holiday (still earlier a bit than originally planned), unfortunately I missed this sell opportunity ard             152 this time. I have no position in Bund             right now.
Thanks for sharing!
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