The sample is a declining formation on 1W. The final two occasions that the identical sample emerged (in 2017 and in 2015 – 2016) the worth broke increased very aggressively, surpassing the height/ head of the formation. In 2017 the patterns period was round 280 days whereas in 2015/2016 round 460 days. We are presently on the 360th day of the working sample. Purely from a long run technical perspective it might be the precise time investing in these bonds.
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