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ElliottWaveBelgium
Mar 20, 2020 4:31 PM

US 10Y T-Notes - Continuing higher and looking for 138.3 first. Long

US 10Y T-NoteOANDA

Description

We have a nice opportunity here with a tight stop and good upside potential.
A retest of 136.35 should not be discarded.
You can use 136.0 or 136.2 as potential stop.

Comment

US 10Y T-Notes - played out perfectly here. We can count 5 up now, so we should, see the start of a corrective wave ((iv)) soon. Therefore, it's best to take profits here. Or at least lock in some profits and adapt your stop.


(shared march 23rd on my Telegram channel)

Comment

US 10Y T-Notes - Wave ((iv)) reached the minimum required retracement level. Can go a bit lower but hopefully the 38.2% Fib level with the 100 & 200EMA will act as a nice support zone from which price could bounce.

Comment

Updates on new post now :
Comments
ElliottWaveBelgium
@ElliottWaveBelgium, invalidation is now at wave ((i)) high.
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