we dont have no big signal to sell zn1! or chart that going down
Even if the ZN is traded in 30min time frame and is a slow market, I found it interesting to look at it on daily time frame to have a better view of the behavior. the Resistance is working well and a triangle is formed. My expectations are more with a continuity of the ascendant movement.
Depending on alot of sign it seems like ZN1! will be increased soon.
Depending on alot of sign it seems like ZN1! will be increased soon.
Good probability: 65% will keep going up
the Tnote is also in an ascending behavior. the history line (in blue) is inclined up. the ellipses are representing the moments when the market touched/tested the line, and my line is working well (even when breaking it, a long candle is required to do so).
Yellow Arrow: if the market break the rectangle => Long Red arrow: if the market break it toward the bottom => Short
We have a Good probability : the ZN1 will keep going down Time frame:30 m Resistance: VWAP