Thursday 2 January 2014

BUND - 10Y Ger Govt Bond - 2 scenarios

hello,

Currently, on the chart showing the contract for the 10Y German's treasury bond. You can see two scenarios <chart 1 and chart 2>, taking into consideration only technical analysis, can be concluded that both scenarios are practicable.

chart 1. Bund Daily, first scenario

chart 2. Bund Daily, second scenario

It seems to me that an important level to achieve, one of the scenarios is the level between 140.58 and 140.84 as shown on the two charts.

If you are brave, write which scenarios you think is more possible and why.

I want try, and I'll invest little money and buy a short position with a stop loss at 141.30 and target below 136.44


regards,
oscarjp

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2 comments:

  1. In my opinion second scenario is more likely because we are going to see strong weakening of EURUSD that has already started and it must be connected with selling EUR assets including GER BUNDS.

    ReplyDelete
  2. the first scenario. Why - intuition

    ReplyDelete