US10Y - Double Shakeout Back to 4.34%

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This shakeout pattern is one a a few permutations that my clients see a lot in my work.

Here it is in oil recently.

istantanea

Its a fast up and down high volatility top the leads to a weak ascending channel then down and down.

20 year yields also doing similar and I am trading this by buying TLT.

Not advice.

Very tradable.

Will probably get back to the next support structure, probably support @ $4.34% or it could be the yellow 50 day MA.

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