Finally Bund confirmed bullish breakout, to continue it's recent uptrend. Daily MACD crossed up again.4 Hrs ADX picking up.
The question is what kind of expectations are behind this move? Does it mean a possible risk off coming for equities? Or maybe investors just think ECB will be more dovish next week? Or maybe stg else? Anyway, as technical traders we should never really care about any reasons behind. Just do what the chart suggests us to do. Leave the rest for academics and fundamental guys.
The question is what kind of expectations are behind this move? Does it mean a possible risk off coming for equities? Or maybe investors just think ECB will be more dovish next week? Or maybe stg else? Anyway, as technical traders we should never really care about any reasons behind. Just do what the chart suggests us to do. Leave the rest for academics and fundamental guys.