a RTY Bullish Butterfly Pattern 🦋 Will Start at 1690

Updated

the detail is shown in the above Chart.

I made this Idea based on Candlestick Analysis and Fibonacci Tool.

RTY buyers are burned in black rectangle ( 0.618 golden level )

Therefore

I expect that RTY Buyers are ready in level 1.27 and 1.618
a Bullish Butterfly Pattern 🦋 Will Start at 1690

.

Note

LEVEL 1.27 AT 1690
LEVEL 1.618 AT 1619

Note

a New update of targets based on candles analysis.
LEVEL 1.27 AT 1690 minus 20
LEVEL 1.618 AT 1619 minus 20 ( super strong bullish trend)

Note

RTY Is approaching to Golden Level of butterfly at point B.
Therefore, we can expect that RTY rise more after pullback from this level.

Note

New Update of My Previous Idea ( Nov 5)

Note

Possible Trend of RTY in next days.

this region Is most Critical Region For RTY in 20230-2024 and
after passing this region, say hi to stock buyers.

Note

RTY rise up step by step like an old turtle.
Turtle 🐢 likely needs some sleep based on cypher pattern.

Note

another BUY ORDER

Trade closed manually

Note

RTY Pullback from two golden levels ( 0.618-1.618) The pullback from these two golden levels indicates a strong level of support and potential for a bullish reversal at third golden level.

Traders will be closely watching for confirmation of a bounce and potential entry points for long positions.

Note

based on the given chart ,suggests that there is a belief that a Bearish Crab pattern will begin at the price level of 2077 USD in the Russell index (RUSSEL). This may indicate a bearish outlook for the market based on the expected pattern formation. Traders and analysts who use technical analysis may be looking for this pattern to make trading decisions.

Order cancelled

Note

Bull/Bearish Trend of Russell

SEYED98

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.