ATR Reversion Play - Offer Bund @ 163.18
Sell ATR extension to nearest level which also co-incides with a previous VPOC and VAH
Note
Unfinished auction printed at 163.15 ; scale in half the position at 163.15s and the rest at 163.18sNote
Took 50% off the table at 97s and left the other half to runReason: Last week developed as an inside week, and there is a small chance this drive up through the highs of the weekly close might be a failed penetration of this high (i.e. we will have a weekly high of 163.39) there is a potential target of 161.35 for the second half, though we will likely close before that, but may get a decent move out of this
Trade closed: stop reached
Second half stopped out, Bund rotated back up again and made new highs around cash close.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.