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
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.