Bund is trading in an uptrend, away from 2018 lows, and can see even more upside in the next couple of weeks or months, as we see the price at the start of a temporary wave IV correction. A wave IV is a temporary pause within an uptrend, which can be complex or simple. A complex consolidation can be a triangle, a flat, or a double zig-zag, while a simple one can be a zig-zag correction. Support for the upcoming wave IV can be near the 167.0/165.43 region.