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AwesomeAvani

TMF long trade setup 3X Bullish Treasuries

Long
Direxion Daily 20-Yr Treasury Bull 3x Shrs (BATS:TMF)  
AwesomeAvani  
BATS:TMF   Direxion Daily 20-Yr Treasury Bull 3x Shrs
Triangle Earnings Value TMF TLT TMV TBT treasuries bonds trianglevolatilitycompresson
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triangle earnings value tmf tlt tmv tbt treasuries bonds trianglevolatilitycompresson
TMF on the 4H chart is set up at the bottom descending support trendline of a symmetrical

triangle in the approach to the apex. Price appears ready to reach for the upper descending

resistance trend line and the Echo Indicator ( Lux Algo ) makes that forecast. Current

ambiguities in a rate cut soon upcoming will make values of Treasuries a complicated matter.

I am taking a long trade targeting 54 with a stop loss at 50 in consideration of the triangle

pattern. I have existing positions in TLT.
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