🚨*Sharp Move.* To be considered a continuation pattern, evidence of a prior trend should exist. Flags and pennants require evidence of a sharp advance or decline in heavy volume. These moves usually occur on heavy volume and can contain gaps. This move usually represents the first leg of a significant advance or decline, and the flag/pennant is merely a pause.
*Flagpole.* The flagpole is the distance from the first resistance or support break to the high or low of the flag/pennant. The sharp advance (or decline) that forms the flagpole should break a trend line or resistance/support level. A line extending up from this break to the high of the flag/pennant forms the flagpole.
*Flag.* A flag is a small rectangle pattern that slopes against the previous trend. If the previous move was trending up, then the flag would slope down. If the move was trending down, then the flag would slope up. Because flags are usually too short in duration to have reaction highs and reaction lows, the price action needs to be contained within two parallel trend lines.
Plan executed, emotions ignored. $SXT delivered exactly as expected — profits secured. $FOGO didn’t confirm momentum, so I exited near breakeven. Protect capital first, profits follow. Discipline over everything.
🔥 $HANA Short Setup — Momentum Play Price action shows clear weakness and failure to hold higher levels. Buyers are getting absorbed, and momentum is shifting back to the downside. Lower highs and weak follow-through indicate that this move is likely a continuation short, not a fake breakdown. 🔴 Entry Zone (Short): 0.0220 – 0.0225 🛑 Stop-Loss: 0.0240 Above recent rejection and invalidation level. 🎯 Targets: 0.0200 – first demand 0.0190 – continuation zone 0.0180 – liquidity sweep area ⚠️ Trade is momentum-based. Scale out on the way down and protect profits.
🚨BREAKING: Japanese long-term bonds plummeted, a move widely described by traders as a "Japanese version of the Trus moment": expectations of an early election coupled with an expansionary fiscal narrative, continued selling by life insurance funds, and weak auctions of ultra-long-term government bonds.
On that day, the yield on 40-year Japanese government bonds broke through 4% for the first time in history, while the yields on 20-year and 30-year bonds surged by more than 20 basis points in a single day. As one of the world's largest holders of US Treasury bonds, Japan's long-term interest rates spiraled out of control, rapidly spilling over into the United States. The yield on 10-year US Treasury bonds climbed 8 basis points to 4.293%.