The bund has been in a smooth uptrend since Oct 2018.
The bias to enter a trade is to the long.
Enter on a retracement to the past swing high and monthly R1 pivot.
Go long for the R4 pivot.
Stop is just below the swing low
Risk Reward = 2,5
You can use the 50 MAV as a trailing stop loss.
The bias to enter a trade is to the long.
Enter on a retracement to the past swing high and monthly R1 pivot.
Go long for the R4 pivot.
Stop is just below the swing low
Risk Reward = 2,5
You can use the 50 MAV as a trailing stop loss.