AwesomeAvani

TLT Bond ETF Setup for Reversal to LONG

Largo
NASDAQ:TLT   ETF Ishares 20+ Year Treasury Bond
TLT

On the 4H Chart, TLT is sitting on minor support with major support below that.

It is near to the bottom of open Bollinger Bands and is inclined to move through

the basis line closer to the upper band.

Significant resistance is 5 and 15% upside.

I see a swing long trade with the stop loss below the major support and targets

before the major resistances, yielding a very good reward for risk.

Call options are another possibility to consider.
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