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BREAK ABOVE DAILY TRADING RANGE

  • Writer: The RIGHT Trade
    The RIGHT Trade
  • Oct 6
  • 1 min read

Updated: Oct 10

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Trade Details

This is a daily chart for the 30 yr. bond. We see the price in a range for many weeks finally break higher on a gap up day. This day ends with a bull bar above the breakout and could be a good entry. We see later a test of that breakout (very expected) and this might be a safer entry with a long above the doji bar. Note we still test the breakout again with a bull doji, then moving higher.

 
 
 

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