FGBL1! trade ideas
Strong Consolidation in FGBL EURO BUNDAfter a long flag pattern, The FGBL is facing a consolidation after testing two times a resistance on the top which allowed the BCD pattern to form an ascending triangle. If the volumes are important, the increasing behavior will continue until breaking the upper resistance (in black) to reach the target (point D) which is the intersection between a recent support (joining the last bottoms) and a resistance that works well. So expect for next weeks a continuation in ascending behavior.
FGBL1!Breaking of a RANGE from the top which lasted approximately one month, we also notice a stagnation in the zone included between 177 and 178 according to the FIBONACCI configuration. I think the FGBL will stagnate for a little while before breaking the next area up and heading towards the 180s or it will come back to its previous area.
the FGBL is neither for sale nor to buy but has followed closelyhello investors, today I present to you the analysis of the FGBL which is the heaviest and most liquid market in Europe, billions of euros are on this market, which is why this analysis was carried out with the greater rigor but above all with great vigilance. Treasury bills do not seem to be impacted by the global health crisis, the FGBL has generally been on the rise since September 2013 as shown in the graph, so the time is not right to buy this market, nor to sell it, you need everything just that the FGBL stays in the wallet and is watched very closely.Thank you and a little I like
#FGBL here is my strategy for the FGBL in tjme frame 60mnHELLO GUYS
I would like to propose my strategy for next steps of market on FGBL .
I will be Long and My entry would be at level 176.15
I will have 2 tragets :
the fisrt one target at level 176.35 / 61% fibonacci retracement
the second would be at level 176.58 / 78% fibonacci retracemnt
Hope you nice trading
MALEK
FGBL: high percentage for going higherthe FGBL has crossed 3 Fibonacci levels (vertical green arrow), then has been slowed by the 177.19 bar, I believe that the behavior will continue being inclined-up to reach the 177.19 level and go over it.
Of course, a great volume from buyers is needed to achieve this target.
FGBL's upward trend ending !!Hello traders,
Let’s analyze the Euro Bund Futures.
I think we have an agreement that FGBL was taking an upward trend. The question, could this trend continue?
Since 5 June, FGBL reaches at each time a maximum (Levels 1,2,3,4) and decreases slowly again preparing for another maximum. But after pointing the level 5 of 176.89, it makes a sharp drop to the low level 6, and enter in anew trading range.
So, what can we conclude? We can expect that this upward trend is at its end. In fact, if the price breaks the trading range at the top, we will see a continuation of that upward trend.
However, if the break was at the bottom, we can expect the ending of that upward trend.