/ZF (5-yr Treasury note futures) has effectively hit the 122’144 price target* with the odds for a reaction elevated at this time. Active traders might consider booking partial or full profits and/or raising stops of holding out for additional gains. 60-minute chart below.
ZF 60m Nov 5th
*The 122’144 price level on the 60-minute charts that have been highlighted on this trade is an unadjusted price target or the actual resistance level where a reaction is likely. Always best to book profit just shy of the actual resistance level that you are targeting, in case the sellers step in early.