VIX BEARS WILL DOMINATE THE MARKET|SHORT

23 May 2023

Hello,Friends!

VIX pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 15.90 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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