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
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LEVEL 1.27 AT 1690 LEVEL 1.618 AT 1619
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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)
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RTY Is approaching to Golden Level of butterfly at point B. Therefore, we can expect that RTY rise more after pullback from this level.
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New Update of My Previous Idea ( Nov 5)
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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.
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RTY rise up step by step like an old turtle. Turtle 🐢 likely needs some sleep based on cypher pattern.
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another BUY ORDER
Trade closed manually
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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.
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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.