Hello dear trader, first of all thank you for reacting to this analysis proposal with a like or a comment if you agree or if you have corrections to add!
We have a ascending triangele in formation
REASON OF BEARISH:
1- PRICE ACTION AND REJECTION OF THE RESISTANCE
2-RSI ABOVE 70
Coerentemente con il contesto rialzista che sta interessando i listini azionari i "beni rifugio" sembrano pronti a battere in ritirata!
Dopo il GOLD, anche il BUND si presenta in chiara "divergenza ribassista" e sembra pronto a correggere!
Hi All ,
I will open my first position on this swing trade from 167.60 Second entry 167.84, Third entry , 168.000. Now price might make a U-turn from 167.48 , So will manually enter the trade . Big SL .
This is a swing trade , so be prepared to hold for weeks .
Hi All ,
I'm opening a sell on the Eubund . This is an high Risk trade , So please make sure you have enough margin . SL to entry as always guys when trade move in our direction .
Any questions let me know .
Weekly: Strong Bullish Trend line, and broke resistance at 166.60
Daily: Strong Bullish Trendline, and found support at 166.34
4HR: Strong support at 166.34 and have held as shown by rejection at the Left side
1hr: We Buy at 166.34 and Tp at 166.58, should this level be broken by a strong bullish momentum we should expect a trend to continue to 166.89
The BundFuture has a very high level of resilience and is likely to continue to decline until the first half of 2019. This indicates that a slight increase in interest rates on 10-year German Bunds is to be expected at least in the short term.
As of mid-2019, uncertainty in the euro-area should prevail again and thus demand for the "safe" harbour of-BRD-bonds rise...