# *Tools & Patterns Used in This Chart (VIX - Volatility S&P 500 Index - 4H Chart)*
#### *Patterns Identified:*
1. *Order Block (OB)*
- Marked in a *purple shaded area* near the recent high.
- Indicates a *supply zone* where price may react and reverse.
2. *Fair Value Gap (FVG)*
- Highlighted inside the *purple zone* below the OB.
- Represents an *inefficiency in price action* where price may return before continuing its move.
3. *Change of Character (CHOCH)*
- Marked in the *green zone*.
- Signals a *shift in market structure*, often indicating the start of a new trend.
4. *Liquidity Pool (LQD)*
- Marked in the *blue zone at the bottom*.
- A level where price may be drawn to *liquidate stop-losses* before reversing.
5. *Trendline (TL) / Top Resistance*
- A *black trendline* marking a *significant resistance level*.
- This could act as a *strong supply zone*, where price faces difficulty moving higher.
6. *Strong Rejections (Red Arrows)*
- Several *red arrows* indicate points of *strong selling pressure*.
- Suggests that *institutions or smart money* are pushing price down.
7. *Bearish Projection*
- The price path tool *predicts a downward move* toward *liquidity zones* around *18.85 and below*.
---
### *Tools Used in the Chart:*
1. *Rectangle Tool* – Used to highlight:
- *Order Blocks (OB)*
- *Fair Value Gaps (FVG)*
- *Liquidity Pools (LQD)*
2. *Trendline Tool* – Used to draw *resistance lines*.
3. *Arrow Tool* – Indicates key price *rejections and liquidity grabs*.
4. *Text Labels* – Used to mark *CHOCH, BOS, OB, FVG, and LQD*.
5. *Price Path Tool* – Used to forecast *potential price movement* downward.
---
### *Conclusion:*
- The chart is based on *Smart Money Concepts (SMC)*.
- It suggests *bearish movement* after a rejection at a key *order block* and a *liquidity grab* at the highs.
- Price may seek *liquidity at lower levels (LQD)* before finding a support zone.
Would you like a deeper breakdown of any specific tool or pattern?
#### *Patterns Identified:*
1. *Order Block (OB)*
- Marked in a *purple shaded area* near the recent high.
- Indicates a *supply zone* where price may react and reverse.
2. *Fair Value Gap (FVG)*
- Highlighted inside the *purple zone* below the OB.
- Represents an *inefficiency in price action* where price may return before continuing its move.
3. *Change of Character (CHOCH)*
- Marked in the *green zone*.
- Signals a *shift in market structure*, often indicating the start of a new trend.
4. *Liquidity Pool (LQD)*
- Marked in the *blue zone at the bottom*.
- A level where price may be drawn to *liquidate stop-losses* before reversing.
5. *Trendline (TL) / Top Resistance*
- A *black trendline* marking a *significant resistance level*.
- This could act as a *strong supply zone*, where price faces difficulty moving higher.
6. *Strong Rejections (Red Arrows)*
- Several *red arrows* indicate points of *strong selling pressure*.
- Suggests that *institutions or smart money* are pushing price down.
7. *Bearish Projection*
- The price path tool *predicts a downward move* toward *liquidity zones* around *18.85 and below*.
---
### *Tools Used in the Chart:*
1. *Rectangle Tool* – Used to highlight:
- *Order Blocks (OB)*
- *Fair Value Gaps (FVG)*
- *Liquidity Pools (LQD)*
2. *Trendline Tool* – Used to draw *resistance lines*.
3. *Arrow Tool* – Indicates key price *rejections and liquidity grabs*.
4. *Text Labels* – Used to mark *CHOCH, BOS, OB, FVG, and LQD*.
5. *Price Path Tool* – Used to forecast *potential price movement* downward.
---
### *Conclusion:*
- The chart is based on *Smart Money Concepts (SMC)*.
- It suggests *bearish movement* after a rejection at a key *order block* and a *liquidity grab* at the highs.
- Price may seek *liquidity at lower levels (LQD)* before finding a support zone.
Would you like a deeper breakdown of any specific tool or pattern?
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
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.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
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.