I’ve spotted a well-known triangular pattern forming on the US 10-year Treasury yield.
This appears to be the development of a large Wave 4.
Wave E of Wave 4 may still be unfolding.
Watch to see if it holds above the Wave C low at 3.9%.
A breakout above resistance near 4.7% would confirm the pattern.
The target zone is set between the 38.2% and 61.8% retracement levels of Waves 1 to 3,
highlighted with a blue box between 6% and 7%.
Could tariffs cause a major spike in yields—or will something else trigger it?
Share your thoughts in the comments below.
This appears to be the development of a large Wave 4.
Wave E of Wave 4 may still be unfolding.
Watch to see if it holds above the Wave C low at 3.9%.
A breakout above resistance near 4.7% would confirm the pattern.
The target zone is set between the 38.2% and 61.8% retracement levels of Waves 1 to 3,
highlighted with a blue box between 6% and 7%.
Could tariffs cause a major spike in yields—or will something else trigger it?
Share your thoughts in the comments below.
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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.
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.