Fgbllong
FGBL's upward trend ending !!Hello traders,
Let’s analyze the Euro Bund Futures.
I think we have an agreement that FGBL was taking an upward trend. The question, could this trend continue?
Since 5 June, FGBL reaches at each time a maximum (Levels 1,2,3,4) and decreases slowly again preparing for another maximum. But after pointing the level 5 of 176.89, it makes a sharp drop to the low level 6, and enter in anew trading range.
So, what can we conclude? We can expect that this upward trend is at its end. In fact, if the price breaks the trading range at the top, we will see a continuation of that upward trend.
However, if the break was at the bottom, we can expect the ending of that upward trend.
FGBL quick intraday trading Hello traders,
The FGB Future is right now showing signs of a quick increase, So for intraday trading, it seems a good time to buy it, but we should wait for the other signs (Red candle and red volume) at which we need to be a seller.
Right now, it’s time to buy FGBL and I repeat for quick intraday trading.
If the price breaks the R1 and then the R2 resistances, we expect an important increase, but it could just touch the R1 and take a decreasing trend.
FGBL Analaysis, It's increasingFGBL is showing in long term a good investment. Since 5 Jun, the evolution is limited with pitchfork indicator. So buying FGBL contract would be a perfect choice.
My advice is to buy FGBL and keep an eye on its evolution in case of any break of the pitchfork hallway, with higher level of volumes.
