TradingView
TheCryptagon
Oct 13, 2023 5:23 PM

US10Y Bullish as long as the 1day MA50 holds. 

United States 10 Year Government Bonds YieldTVC

Description

The 10year Bond Yields / US10Y is trading inside a Channel Up since May 1st.

The last two weeks the price is pulling back after a Higher High rejection and Double Top on Resistance A (4.888), aiming at the bottom of the Channel Up.

That is a buy opportunity to target 4.888 again.

If on the other hand the 1day MA50 breaks (is untouched since July 20th), sell and target 4.222 (Support A).

Keep an eye on the Rising Support of the 1day RSI also for early bearish signals.

Follow us, like the idea and leave a comment below!!
Comments
RLinda
It was interesting to read, keep up the good work.
Setupsfx_
Great in depth market analysis
DeGRAM
Well done mate, keep on doing the great work
FirstNameHelen
Interesting analysis, appreciate your efforts
LegionQ8
Do you use MACD in your trading?
More