Hello traders, The US5Y T-note is in process of forming what it looks a 1.27 Reciprocal ABCD with ending price level at or around 0.786. When price reaches the targeted zone we could start looking at the smaller timeframe for possible entries.
HELLO TRADER'S THIS IS MY BULLISH TREND ANALYZE . WAIT FOR COME KEY LEVEL AFTER TREND CONTINUE TO UPTREND YOU CAN ENTRY .THIS IS MY OPINION ONLY NO MORE SIGNAL .
This is my bearish trend idea, now during bearish flag you can see it .Wait for clear breakout to downtrend after you can entry, because the overall bearish trend . Only in my opinion.
THIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY .
this is my bearish trend idea. how ever wait for clear trend continue moment and wait for trend continue after can entry .this is my opinion not for any signal service .good luck.
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry . This is my opinion, not for any signal service. Good luck.
Wait for price breakout support and resistance zone level .
Potential upside on US 5Y T-Note following the break of trend line
I opened trade with TP: 123.349 and SL:117.548. SL is directly below the channel where the price is trying to penetrate(red lines) and TP is R3 from the YPP. Please consider your own research and use SL or hedge.
I am expecting the travel to 123(June 2016 high) to continue when the price break above the channel which is forming now. In a meantime small retraction to 118.5x(100dMA) is possible to happen just to confirm. I will update on the entering trade.
Just found out this interesting development. Looks like the price was stopped few time by MPP R1 and now is approaching it again. I expect 119.79x to be reached again soon. my initial set up is 118.789 entry point, SL 118.171 and TP 119.793
On the technical side the minimum targets for a Vth wave flattening trend that started since 2011 have been met. This completed sequence show's there is plenty of room to steepen over the coming Quarters. So far we have seen wave A and B of an incomplete ABC. Well done all those who are riding the 'C' leg with us. Best of luck to those who are positioned for...
Waiting for break and close below the support line of the pattern.
Short term play into long term support line.