Please note, that this ia a yield chart, which means an upward move in yields is bearish in terms of BTP futures.
After reaching our initial bearish target, BTP yield retraced to daily Kijun Sen and is trading now at a very good risk/reward support zone, where we start to re-establish short bond positions to a 1,35-1,40 % target.
We will put on larger size in case price action confirms in form of a HA reversal signal.
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.