The support area in the rectangle has some unique characteristics that makes it a good place to expect the recent Bund sell-off to halt:
1- Trendline
2- 50% Retracement
3- Change of Polarity zone
Until that area, I don't see any reliable support on the chart and expect the Bund price to keep falling.
Good luck,
Ali Sharifazadeh, CFTe
1- Trendline
2- 50% Retracement
3- Change of Polarity zone
Until that area, I don't see any reliable support on the chart and expect the Bund price to keep falling.
Good luck,
Ali Sharifazadeh, CFTe
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.