ZB1! - Immaculate Draw on Buystops! What’s Next?

16 feb

This weeks breakdown covers the similarities bonds and yields have and as mentioned in my most recent analysis with Yields, I was loooking for a draw down to discounted prices.

With that bias in mind, Bonds would be more likely to trade higher as they both highly correlated.

5 giorni fa

Nota

Mid week analysis

Love to see aggression during the later stages of the week. Currently trading inside Wednesday's daily bullish order block

3 giorni fa

Nota

End of week



Successful delivery to the upside on the weekly timeframe as anticipated last week in my recent analysis of Bonds.
I love how this weeks lows bottomed out around the 50% mark of last weeks bullish doji wick befire retracing and closing higher than the previous week.

Indicates to me that the market is eager to continue to run higher.

117.01 is up next for grabs