Cycle Trading: Suspicious of Bonds

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Following the day 18 peak bonds printed their lowest point on Thursday, which was day 23. That places bonds in their timing band for a daily cycle low. Friday's break above the declining trend line signaled a new daily cycle. Bonds formed a swing high today as they closed back below the upper daily cycle band. While bonds could be extending their daily cycle decline, I suspect that the new daily cycle is rolling over. And if I am right that the new daily cycle is already rolling over, then a

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