Dear traders,
it is time for looking long opportunities in Gov. Bonds. Theoretically, expectations for interest rate decrease push bonds price up as the price of a bond behaves inversely to interest rates.
Regarding technicals, the desceding wedge is already broken (reversal pattern) which is is a good signal and it is aligned with the interest rates decrease...
Beautiful bullish inverse head and shoulders developing - I am continuing to add to my long position. Will only be confirmed with a break above the NL but I am happy at current levels