US GOV BONDS 10 YR YIELD - MULTI TIME FRAMES - ONGOING DOWNTREND
M1 : Levels to watch :
Upside : 1.80
Downside : 1.4880
W1: Last week closing below Tenkan-Sen
D1 : In an ongoing downtrend channel, currently below TS and MBB;
currently traded around the top clouds support zone and still above
the middle level of this downtrend channel.
H4 : Last recovery attempt towards 1.69, failed !Below KS, MBB and TS. Bottom of the clouds
support has been tested !
H1 : The low reached @ 1.5940 triggered some corrective recovery, but still below the clouds
M30 : Recovery attempt in progress towards the clouds resistance area.
M15: Clouds, for the time being, rejected the breakout attempt.
M5 : In the clouds, looking where to go...
CONCLUSION :
THE TREND IS YOUR FRIEND AND ONLY A SUSTAINABLE MOVE ABOVE 1.8000 WOULD FORCE A VIEW REASSESSMENT
OF THE EXPECTED (YIELD) BEARISH SCENARIO.
Ironman8848
Upside : 1.80
Downside : 1.4880
W1: Last week closing below Tenkan-Sen
D1 : In an ongoing downtrend channel, currently below TS and MBB;
currently traded around the top clouds support zone and still above
the middle level of this downtrend channel.
H4 : Last recovery attempt towards 1.69, failed !Below KS, MBB and TS. Bottom of the clouds
support has been tested !
H1 : The low reached @ 1.5940 triggered some corrective recovery, but still below the clouds
M30 : Recovery attempt in progress towards the clouds resistance area.
M15: Clouds, for the time being, rejected the breakout attempt.
M5 : In the clouds, looking where to go...
CONCLUSION :
THE TREND IS YOUR FRIEND AND ONLY A SUSTAINABLE MOVE ABOVE 1.8000 WOULD FORCE A VIEW REASSESSMENT
OF THE EXPECTED (YIELD) BEARISH SCENARIO.
Ironman8848
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Disclaimer
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.