ew-forecast

Elliott wave Analysis: 10 Year US Notes Update

CBOT:ZN1!   10 YEAR T-NOTE FUTURES - ECBT
10 year US notes can be trading at the end of a higher degree wave III             . Specifically we see price unfolding an overlapping price movement within sub-wave 5 of three, that looks more and more like a EW ending diagonal . The speciality             of this pattern is that it can cause a sharp a strong turn into the opposite direction, in our case into corrective wave IV, which could see limited upside near the 121.09 level, at the starting point of the pattern.

Possible support zone is seen at 119'20, where red waves 1 and 5 would become equal. That said, divergence on the RSI also suggest a potential turning point.

An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast, as Elliott put it. A very small percentage of ending diagonals appear in the C wave position of A-B- C formations. In double or triple threes, they appear only as the final “C” wave. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.


Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
NEW Crypto Members Video
>> https://ew-forecast.com/service/
NIce work
回复
Nice charting looking good cheers
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出