Hello everybody, thanks for reading my posts. I have another idea for you... The VIX will go back to $28.33 — I am so sure of it. Spy puts will work too, because VIX is an inverse. WHEN THE VIX GOES UP, THE MARKET GOES DOWN.... I posted an idea for going BULLISH & LONG the VIX on February 9th, 2022 but I accidentally broke community guidelines so...
RSI divergence is clearly visible in the chart. hence I would suggest people to be bearish since cholamandalam already gave a breakout and can possibly give a retracement and therefore fulfilling our strategy please don't short below the red line near 270. target 1 of near 1.9% can be achieved if cholamandalam starts falling for people who want to take more...
As I said, the trades weree exposed here at the beginning of the week. Follow me to get more profit. Cheers !
"This is a simple algorithm that determines trend and follows it! This strategy guarantees profit on the weekly charts in most all forex currency pairs! If you're not sure check the backtest yourself with Trading View's awesome Strategy Tester! I hope this strategy helps you guys profit and make your trading a bit less stressful!" -WhiteCollarTrader