Bullish setup in 10 year notesWe have got a clean bullish setup, a classic five waves up followed by a three wave down decline making a higher low.
A very attractive setup for a rally in wave (c) up
ZN1! trade ideas
Analyse technique ZN au 23.08.2022Analyse technique ZN au 23.08.2022
Analyse technique ZN au 23.08.2022
An important level in ZnHi everyone,
I like to share with you my analysis of Zn t notes 10 years. In Daily frame time, if it goes after this level, we have a high probability that the market will bearish. Thank you so much.
....The blue area is a strong support area that is difficult to penetrate, and therefore if the price goes down to it, we will only wait for a reversal pattern to buy directly
Bond Yieds RiseBonds have fallen further, breaking down past 119'01 into the vacuum zone below. We are still hovering above 118'04, the next level of support, but the Kovach OBV is looking pretty bearish. We are starting to see some green triangles on the KRI around 118'20, but we should have strong support at 118'04 if current levels do not hold. If we can pivot, then 119'01 should provide resistance.
10 YEAR T-NOTE FUTURESThe two possible CBOT:ZN1! scenarios.
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buyFor those interested in the field of investment for the long term, owners of heavy portfolios, an excellent opportunity to form the long tail candle in the last downtrend, and at resistance, followed by a green, confirming candle, and on it, the trend will reverse upwards. You can buy with profit placed below the monthly trend line due to its strength
NEXT MOVEMENT OF THE ZN the price will hit the 38 fib than respacting the canal
if thr price brack the canal and brack the 61,8 fib will retest the resistant
Bonds Break SupportBonds have edged lower, breaking through support at 119'23. We have fallen to suport at 119'01, currently hugging this level, but finding good support confirmed by two green triangles on the KRI. The Kovach OBV has slipped a little, confirming the selloff, but has since appeared to level off. If we are able to pivot here, then 119'23 and 120'14 are the next targets to the upside. Watch for the vacuum zone below to 118'04.
best time to buy ZN is now my analyses indicate that this is the best time to buy in the market and the next phase is bullish
Employment Data Hammers BondsBonds crept up but are facing resistance. After ZN tested highs at 121'28, and retraced, it started to establish value between 119'23 and 121'00. The latter has provided prohibitive resistance, as we have discussed this week, and we have seen a rejection, continuing the sideways correction. We saw a wick down to 119'23, where we found support, at first, but we subsequently broke through to the vacuum zone below. This follows Non Farm Payrolls coming in at a surprise beat, with unemployment at 3.5%. Expect support at 119'01.
Head & Shoulders Activated in TNote 10yrsHead & Shoulders Activated in TNote 10yrs
Trend reversal after H&S, 10Yrs Note starts changing short term trend
The possibility of a rise in the price of Zn 1After forming the head and shoulders model, breaking the neckline and re -testing it, there is a possibility that the price will rise.
mouvement du znthe price will continue to complit the config of head and shoolders than go in a uptrend
Did the bond market fail?Over the last few months the 10yr bond market has been developing a long term inverted head and shoulder pattern. This was suggesting a test of the 200dma may be coming up soon and yields would continue to come down. However, today we saw a massive bearish engulfing and a move that almost wiped out last week’s entire move higher. This aggressive move lower in the notes, also dropped back below the inverted head and shoulder pattern neckline after a rejection of the 50% retracement. This false upside breakout could leave bulls holding the bag. The risk (now) is that bonds continue to slide back to the 50dma and yields continue to rally. This could affect the USDJPY as that pair has been very sensitive to the move in 10yr yields.
- ZN My idea about ZN we have reached the 4H change of character we're waiting for 4H pullback to our supply area to target our demand & to fill imbalance on 4H time frame
a more spesefic estimation about the zn in the next daysthe zn will continue to rize to the uper trend after a correction
