FGBL1! trade ideas
FGBL next target is 175.56€ as long as the price does not break the yellow trend line forcefully
if the price strongly breaks the yellow trend line next target is 172.39€.
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German BUND Approaching Resistance - Elliott wave analysisHi traders,
German BUND made a clear, five-wave drop in March, which is a sign of a bearish trend, however as we know after every five waves a temporary pullback may show up. Here we are observing a w-x-y correction underway, with resistance/bearish turn at the 174.80/176.8 region, where Fib. ratios of 0.618 and 0.786, and also equality measurement of waves w and y can suggest where price can slow down.
Once we see a five-wave minor rally within a (c) wave of y, and a sharp drop from potential resistance levels, and a breach below the lower channel line, that is when BUND can resume its bear run.
Trade well,
The EW-Forecast team
[FGBL] - High probability to drop to the price 173.45 EUREURO BUND Futures High probability to drop to the price 173.45 EUR
GERMAN BUND bullish probability - DAILY TIME FRAMEGERMAN BUND has a bullish probability to keep in portfolio
EURO BUND FUTURES There is a Big probability that the market will try go for the resistance of (173.58) if it stays above . (172.61) . but if it ever returns to (171.64) . and it break it with power the market will drift worm (170.43)
Euro Bund Futures -FGBL- short...FGBL short if the price breaks the triangle down..it is good if this break is with a WR candle accompanied with high volume...
Euro bund I note if the market break the blue line the next destination is 176.04. so next days we can confirmes the idea
Euro bund the big volume indicates the sellers guide the markets. after moving average break the vwap
technical analysis FGBLHi friends
I present to you today a technical analysis in order to have visibility on the FGBL market
and as the graph shows you the market a very high probability that it will experience an uptrend in the coming days
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EURO BUND FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) EUREX EURO BUND FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
EUREX
EU FlagFGBL1!
to 170.28
