Title : 10year T-Notes(ZB1!), H4 potential for bullish bounce
Type : Bullish bounce
Resistance: 159'04
Pivot : 156'05
Support : 155'02
Preferred case: Price is near pivot level of 156'05 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially go to the 1st resistance level of 159'04 in line with 78.6% Fibonacci projection. Our bullish bias is supported by the stochastic indicator as it is at support level.
Alternative scenario: Price dip to support level of 155'02 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection
Fundamentals: With RUSSO-UKRAINE conflict escalating , Treasury prices may increase as investors look into safe haven assets. As fundamentals and technicals align, it is a good opportunity when looking in to ZB1! .
Type : Bullish bounce
Resistance: 159'04
Pivot : 156'05
Support : 155'02
Preferred case: Price is near pivot level of 156'05 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially go to the 1st resistance level of 159'04 in line with 78.6% Fibonacci projection. Our bullish bias is supported by the stochastic indicator as it is at support level.
Alternative scenario: Price dip to support level of 155'02 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection
Fundamentals: With RUSSO-UKRAINE conflict escalating , Treasury prices may increase as investors look into safe haven assets. As fundamentals and technicals align, it is a good opportunity when looking in to ZB1! .
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.