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auroraspot
Sep 28, 2017 5:24 PM

US 30 Year Treasury Bill Long Trade on H4 Chart Long

Description

I am entering a long position into long term US treasuries from a support line clearly visible on H4 and daily charts. Although the long term perspective for the price of bonds is negative due to expected rate hikes later this year and next year, on the shorter time scale (few weeks) the Treasuries seems under-priced after the strong decline last few weeks and there are good chances of success with this trade. Risk/Reward at 1.09. Always above 1 at all my trades!

Trade closed: stop reached

Trade closed at loss.
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