German Bund or 30 Year Bonds both are have a short setup as they are trading below 18 moving average.
I usually enter on prior weeks low and exit such marekts if there is a daily low above the 18 moving average...
Not trading it yet, but this shows pretty positive development after three times bouncing from .5 fibo(170.xx area yearly pivot point). The extension will lead us to 1.618 fibo(197.05 levels).
Please do your own research and use SL or hedge your positions.
My last analysis of the bund hasn't come to reality (short strategy). The indicators weren't supporting this conclusion and therefor the strategy was weak.
The bund is moving roughly sideways between trendlines at this moment. Together with the indicators (RSI en MACD) is not clear if the bund will break out upwards or downwards in the near future.