VIX Sniper Butterfly

Updated

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

ViX makes a really pretty Butterfly
XB: 0.78 . XD :1.27

Good Luck

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Possible VIXX Trend

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VIX Strong Support Levels.

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VIX ==13 means
Starting of SP

Trade active

The bullish butterfly pattern will start

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butterfly rises from level 1.27 to 1
Butterfly 🦋 could not rise more. Therefore, we can expect VIX fall to level 1.618.

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VIX Is approaching to Next golden level
and
We Probably Should Wait for FED Hammer 🛠 and therefore Falling VIX at Red Circle Region

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otherwise VIX Rise more after Minor Correction at Red Circle region
and Final ViX Target 🎯 is about 26-27.

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Perfect Idea .
As I expected, the VIX has started to fall from the red colored circle area.
and Sellers Target Is about 13.3

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VIX tries to Enter Forbiden zone ( red circle )
vix bearish crab pattern will start at 23.

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BEARISH TREND stated as i expected.
it is a important positive sign for the market and buyers.

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VIX Is Approaching to my First Target
and it is possible that VIX tries to jump up based on butterfly pattern

Trade active

BULLISH BUTTERFLY PATTERN STARTED AT 15.55

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The butterfly failed to fly and we can expect the butterfly 🦋 fly at the level of 1.618 (13.5).

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Final Target of Butterfly shifted to 12.3 based on minor Uptrend correction on index 14.1 and candles analysis.

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Trade closed: target reached

the BULLISH CRAB pattern is on the way .

Note

FIRST Impulse started from 1.618 to 1.27
target of the second impulse probably is around 15

Note

New All Time SP Volatility Lowest Is 10.30

SEYED98

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