US10Y 30M CHART PATTERN

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This chart shows the US Government Bonds 10-Year Yield (US10Y) on a 30-minute timeframe. Here’s a breakdown of the technical analysis represented:

1. Downtrend Pattern:

A descending triangle or falling wedge formation is drawn using blue and green trendlines.

The chart shows a significant drop from around 4.60% down to near 4.27%.



2. Key Markers:

Red Down Arrow at the top marks a significant high before the decline.

Green Up Arrow shows a bounce off the support level, possibly indicating a bullish reversal.

Orange Circles identify previous resistance or consolidation zones.



3. Trade Setup:

Entry Point: Near the green arrow where the price broke out of the down
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ACTIVE TRADE

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