I believe the Euro Bund has hit a very long term top. The monthly chart looks very bearish
The weekly chart shows a bearish divergence being drawn, and a very bearish candle. It is a doji star, but according to 'Volume spread analysis' it is a no demand bar with high selling volume. I have been using this type of candles in my charting, and it has a high accuracy.
If you look at past years, you can see that the Euro Bund doesn't like heavy corrections, so a rejection of 147$ can happen. However, considering the monthly chart, I believe we can get much more than that.
The weekly chart shows a bearish divergence being drawn, and a very bearish candle. It is a doji star, but according to 'Volume spread analysis' it is a no demand bar with high selling volume. I have been using this type of candles in my charting, and it has a high accuracy.
If you look at past years, you can see that the Euro Bund doesn't like heavy corrections, so a rejection of 147$ can happen. However, considering the monthly chart, I believe we can get much more than that.
