ZB1! - Yields v Bonds Matrix!

Updated
I am anticipating a continued sell-off, short-term before a rebound, aiming for relative equal highs @ 120.20 - 120.24 as smooth edges tend to be made jagged as more trust is built.

118.30-118.26 T1
118.23 draw on liquidity T2

This might take some time to pan out.
Just gotta trust the process

Trade closed: target reached
118.30 -118.26 target one has been met
This target derived from the bullish order block outlined in the weekly analysis.

We have also seen the mean threshold of the order block tagged during Monday's trading.

Keeping a close eye out on 118.16
Note
Target 2 which was daily Sellside liquidity @ 118.23 has also been met
Trade closed: target reached
Overall sellside @ 118.01 has been taken.
T2 @ 118.23 has been booked!
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Trade active
Last week Thursday and Friday presented a volume imbalance which is a possibility for bonds to draw up into.

We have already seen daily highs purged but it's now a matter of if we get a daily closure above 119.09.

Next week, 120.20 could be in the cards + relative equal highs located on the monthly

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Note
Wednesday was the day of recon for macro sellside liquidity but yesterdays price action confirmed the 118.01 region with daily buystops @ 119.09 also purged, with candlebody closing as a bullish shooting star.

Stuck within two arrays; 119.13 US AM highs & 118.13 US AM Lows.

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Candlestick AnalysisMultiple Time Frame Analysis

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