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aminearga
Sep 3, 2022 11:15 AM

ZB achieves a significant Support area 

U.S. Treasury Bond FuturesCBOT

Description

ZB formed an obvious reversal pattern (Head and Shoulders) in the last months, taking the pattern's MA 209 As a Neckline. the break of it kept moving the price lower. Breaking the support area you'd probably take the price to lower until achieving the potential target which is equal to the distance between the Head and the Neckline.
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