CAPITALCOM:VIX   Volatility Index
On the VIX Volatility index, I have observed a diamond pattern, which suggests that the current instability in market sentiment is likely to lead to a rise in market prices. Based on this, I decided to open a long position at the entry price of USD 21.21. I have set the Stop Loss level at USD 19.53 so that if market prices turn worse than expected, I can close the position with minimal loss. And I set the Take Profit at USD 24.26 so that if the market prices reach a certain level, I can automatically close the position at the best possible price. It is important to note that this is only my own observation and does not constitute investment advice. Everyone should make decisions in the financial markets at their own risk.

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