VIX - D1 & W1 - TODAY'S PRICE ACTION WILL BE DECISIVE !
D1 : Yesterday's price action triggered an "Harami" pattern which is showing some uncertainty and indecision.
Moreover, the closing price coincides exactely with the level of the top of clouds support zone !
That is why, today's price action will be decisive for further development on price action next week.
In addition, today's is even very important as we will have at the end of the day, D1,W1 and M1 closing.
W1 : I showing a falling wedge pattern in progress, with a potential upside breakout which should be confirmed before acting !
A breakout confirmation would open the door for a technical target of 64.00 . . .
Moreover, the closing price coincides exactely with the level of the top of clouds support zone !
That is why, today's price action will be decisive for further development on price action next week.
In addition, today's is even very important as we will have at the end of the day, D1,W1 and M1 closing.
W1 : I showing a falling wedge pattern in progress, with a potential upside breakout which should be confirmed before acting !
A breakout confirmation would open the door for a technical target of 64.00 . . .