Hi traders:
VIX is shaping up for another buy potential.
Price has been consolidating for quiet sometimes in the wedge structure, and finally see a lower time frame break out.
We see a smaller correction, and price manage to impulse up.
Waiting for a correction structure on the lower time frame would be the ideal buy entry.
Look for the recent tops as a potential target, and see what price will do when it reach that area.
thank you
VIX is shaping up for another buy potential.
Price has been consolidating for quiet sometimes in the wedge structure, and finally see a lower time frame break out.
We see a smaller correction, and price manage to impulse up.
Waiting for a correction structure on the lower time frame would be the ideal buy entry.
Look for the recent tops as a potential target, and see what price will do when it reach that area.
thank you
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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.
Related publications
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.