ZB1! - End of February Analysis

2 Mar

- Monthly bullish order block has held up well, supporting the bullish narrative of price drawing up to 120.00

- Monthly candle closed convincingly above the 3 month rejection block @ 117.08.

- Monthly volume imbalance rests a little higher than where the monthly buyside liquidity pool is @ 120.25 – 121.23. Buyside rests @ 120.18 and this is the draw that I am looking forward to going into this months price action

- October 2024’s monthly candle prints a SIBI and this is also a area to study. Many confluences in this area making it high probability for a bullish draw. Bullish delivery with bonds mean bearish delivery for US10Y.

- Successful projection of February's draw on liquidity

5 Mar

Catatan

So far, bonds has rejected from the bearish order block @ 119.02.
What does that mean?
Going into the rest of the week, i am looking for minor retracements into a daily PD array @ 117.03 - 116.20

8 Mar

Catatan