IT10Y: Inverted Continuation H&SDaily Pattern: Inverted Continuation H&S
Activate Buy on 22 March
For now its a good retest
IT10Y
#IT10Y - #ECB is BANKRUPT Part 3 #Italy #EURUSD @lagarde @ecbIn the short term, the ECB can still fight against the capital flight from Italy government bonds, but it is powerless against the capital flight out of the euro.
The ECB's new bazooka won't help, Mrs Lagarde.
As you can see in the chart, if 3,00 and later 3,85 falls, everything is done and dusted - the trader world will see that too.
Look at RSI on monthly base!!!
Best regards from Hannover (Lower Saxony)
Stefan Bode
#IT10Y - #ECB is BANKRUPT Part 3 #Italy #EURUSD @lagarde @ecb
#IT10Y - Bancruptcy of Italy and ECBThe ECB cannot get a grip on it and the 10-year Italian government bond is quoted at 17.8% p.a. on 19 March 2019.
Not only is Italy bankrupt, but also the portfolios of the government bond holders are disappearing into thin air, above all the ECB and pension funds and insurance companies.
Not funny.
UPD: Italy 10YY at 4year high, trading in SD3On route to triangle PO at 3.7-3.8 area $MIB40, $EURUSD, $EWI
Are you afraid of the Italians?...Are you afraid of the Italians? Yes. The 10-year government bond interest rate track shows no optimistic signs. Although we are waiting for a slump because of the pace of the first wave of the triple wave structure at the correction phase of the first wave of the triple wave structure, but a few days maybe a week and the decline in the interest rate may end. Then, the second and third wave sections of the wave motion can be formed. This move is likely to be felt at the EURUSD exchange rate as well. Not the euro is in the direction of strengthening.
