#ZRO The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 3.30 Entry price 3.38 First...
#ZRO The price is moving in a descending channel on the 4-hour frame And it is sticking to it well We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 3.75 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving...
#ZRO The price is moving in a descending channel on the 1-hour frame and is sticking to it greatly and is about to break upwards We have a bounce from the lower limit of the channel at a price of 4.00 We have a downtrend on the RSI indicator about to break, which supports the rise We have a trend to stabilize above the moving average 100 Entry price...
#ZRO The price is moving in a descending channel on the 1-hour frame and we are about to break it We have a bounce from a major support area in green at 3.80 We have a downtrend on the RSI indicator that has been broken upwards We have a trend to stabilize above the 100 moving average, which supports the rise Entry price 3.96 First target 4.16 Second target...
#ZRO The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 3.67 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based...
#ZRO The price is moving in a downward channel and has penetrated it and is returning from it strongly . We have a bounce from the green support area at 2.80 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that is about to break higher and supports the rise Entry price is 3.25 The first goal is 3.60 The...
#ZRO The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern We have a bounce from a major support area in the color EUR at 2.55 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on...
US10Y breaking support. Good entry on bond etf's. Only picking up a small amount to get in the door. ZROZ, EDV, and TLT.
Nice setup in $ZROZ here, could be a long term bottom at play with this weekly signal forming here. Best of luck! Cheers, Ivan Labrie.
$TLT has reached the end of a huge weekly and monthly down trend, and made me think it could be a long lasting bottom for fixed income here. Question is: Does this low hold after the next FOMC or not? The daily chart shows a setup where a daily uptrend is set to expire by tomorrow, which could mean the current advance is over, or, perhaps, it needs some time...
I am monitoring bonds here, as we are approaching the target of a weekly down trend signal that fired recently, while the monthly timeframe trend is about to reach its end. By the end of September, the odds of a reversal in bonds will be very high, while equities are looking like they could crash lower from here possibly, and we could get inflation to come down,...