Here we see a Rising Window (a gap) in the yields on the Ten Year Note. According to candlestick methodology the bottom of the window is the close of the candle beneath the gap therefore for window is not closed until a candle closes inside the real body of the candle before the gap. Candlestick charting says that windows, rising and falling, should be viewed as support and resistance. In this case the Rising Window was tested and acted as support for 7 daily sessions until a Falling Window turned the trend toward lower rates.
The following three daily sessions met resistance at the Falling Window as prescribed by candlesticking.
The Evening Doji Star at 3 is a reversal signal and quickly reversed the nascent increase in rates.
A Falling Window formed with resistance at the lower end of the preceding candle (1.726%) which held until August 14th when a green (white) candle real body closed above the resistance level.
A Rising Window formed between July 26th and July 27th suggesting support at the level of 1.428% (the July 26th closing high). Yields more or less fell in the days following but found support without closing the window adding further significance to this level.
These six candles comprise a Rising Three Methods formation which is a bullish continuation pattern similar to a bull flag in Western technical analysis. Following a long green (white) candle a series of smaller bodied candles moves against the green candle. The formation is complete when a second long green candle closes above the first confirming the trend is higher. As long as the small bodied candles do not close outside the real body of the first candle anywhere from 2 or more intervening candles will still qualify this pattern as Three Methods. This pattern told us the path of least resistance was higher rates.
Following the Rising Three Methods we had a one day pullback via a Dragonfly Doji which was followed by a Rising Window the following day. This confirmed the Rising Three Methods signal that higher rates were to be expected in the near future.
The Spinning Top at #8 following an Advancing Block (three white candles with diminishing real bodies) signaled the trend of higher rates was losing steam. This was further reinforced by the narrow bodied candles forming under the 200 day moving average which culminated with a Bearish Engulfing Pattern on August 21st.
August 22nd saw a gap lower form a Falling Window which also looked to be a Bearish Belthold Line. The level of 1.805% is now expected to be resistance for higher rates.
The Rising Window in #7 acted as support for nearly a week but finally succumbed to lower rates in the form of a Bearish Belthold Line on August 31st.

*Note that all of the terminology being used with respect to these charts is of the directional variety. Typically falling rates are viewed as bullish moves for bonds due to the inverse nature of price and yield. For the sake of simplicity and continuity with the price charts to follow in this thread I am using the terms bearish and bullish to refer to up and down on the chart.

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