It's a new try to apply harmonic patterns to treasure bond ETF. While recently people are discussing the yields, which is wildly convinced that it led to the Gold's slump yesterday.
With this harmonic patterns combination in TLT, and it gave a daily hammer yesterday, it's quite a nice long trade with patterns and reversal sign combination. It worth noticing, not necessarily worth trading, but short-term speaking, if this is where part of the the bearish emotions for non-USD currencies come from, take some profit for the short is not a bad idea yo!