$US30Y yield hit 161.8%extension on weekly...not saying it's not going lower...but definitely an interesting level
US30Y trade ideas
LONGIt did broke the resistance so it obvious it will retrace to test the broken resistance as support then continue upward momentum.
Just keep tracking the pair and buy it at the base.
US30 H4 ForecastBuyers seem to be well in control of the market, a slight uptrend has formed on the H1 chart, i do not believe the 88.6% retracement level will be held and instead price will continue to move upwards.
US30 H1 ForecastStrong bearish candle, possible retracement around 61.8%. Break of uptrend structure, awaiting further confirmation, possible downtrend forming.
US30 Forecaston the H1 chart we see price making a retracement towards the 38.2% reversal zone. seeing as the HH's and HL's are being upheld, this looks like a prominent buy position, though more confirmation is needed in terms of candlestick analysis.
US GOVERNMENT BONDS 30 YRWE ARE GONNA TRY TO PLAY WITH THIS TOO...GOOD ENTRIES MATTER A LOT ON THIS KIND.
AND TRUST ME THIS NEEDS A LOT OF UNDERSTANDING TO TRADE THEM.
US 30 current downtrend until it fully develops the pennant pattern, then we're back trending up again
US30- Something to Think AboutThe US30USD is reaching the end of a triangle, just a triangle. It is not certain if it is an ascending or descending triangle, so be very careful on the breakout and the direction it goes to. Wait for a retrace for entry and use proper risk management to be able to have an opportunity to gain many pips or lose little to none.
