simple chart.. Broken down from rising wedge, found a fib support and now retesting broken trendline
Pros
massive drop on Bond rates
Cons
Poor ta setup
Pros
massive drop on Bond rates
Cons
Poor ta setup
Trade closed: target reached
Poor TA setup it is ..crashed until 28.8 and bounced on fib level while making a hidden bullish divergence. If one planning to enter consider DCA method since there is still more downside risk to the counter from broken rising wedge.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.