Bund is trading quite slow, choppy, and overlapping for the last few months, which gives us an idea that a bigger Elliott wave triangle pattern is in the making. If that is the case, then more overlapping price action may follow on Bund and ideally once the triangle is completed, we may expect a new recovery higher.
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
