#VIX prediction for next week
Updated
As can be seen, the price appears to be completing a triangle pattern, which could be interpreted as wave 2 or wave b. Either way, we could expect another rally to complete wave 3 or c.
This analysis is triggered once the price breaks above the previous high, and any bearish retracement could be a buying opportunity.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
This analysis is triggered once the price breaks above the previous high, and any bearish retracement could be a buying opportunity.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
Trade active
VIX is on its way towards expected area. any bearish retracement in VIX is buyable.Trade active
price is halfway towards its target and is currently in the 3rd wave of wave 3, which we expect to be the strongest wave of all.Trade closed: target reached
It was a very good trade, hope you liked it
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.