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Possible Weekly Trend Of VIX 🦋 Butterfly 🦋

the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern using Fibonacci tools.

in beginning of year 2023
Butterfly of VIX Daily Trend Fall from 29 to 14 .
at last weeks of year 23
buyers crab rose to reach 23.
https://www.tradingview.com/x/Qjl0nBwE
in year 2024
Butterfly of VIX Weekly Trend probably Will Fall from 19 to 7.

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The VIX Sniper Crab is likely to start 2024 with an increase in the index to a target of 18.

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Pullback from first golden level and rise VIX to next golden level.

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The VIX butterfly is currently flying within two parallel channels, indicating a potential trading opportunity for investors. The VIX bullish butterfly pattern is expected to initiate at a level of 12.78, suggesting a bullish trend in the VIX index. Traders and analysts may want to closely monitor the VIX index as it approaches the 12.78 level to confirm the formation of the bullish butterfly pattern.

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Perfect Idea

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level 1

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falling started from level 1

bullish shark pattern will start at level 1.13.

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first TP :18.5

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bullish butterfly pattern will start at level 1.276

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Two potential targets for the VIX Butterfly.

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vix 29 sell order

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ViX is halfway through the predicted uptrend.

SEYED98

This idea is based on harmonic patterns and candlestick formations at Fibonacci levels. The targets for this order change along the way, depending on the candlestick patterns.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

SEYED98

This idea is based on harmonic patterns and candlestick formations at Fibonacci levels. The targets for this order change along the way, depending on the candlestick patterns.