SEYED98

What Pitchfork Says About Russell

SEYED98 Updated   
TVC:RUT   US Small Cap 2000 Index
the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Pitchfork Tool.
This chart beautifully shows the Russell support and resistance and Trend lines

golden line : level 0.61.8 1.618 ....
green line : level 0.382 ...
black line : level 1 2 ...

Comment:
RUT rises like a turtle under trend line pressure
Comment:
Comment:
Bearish Trend happened as I expected and
I expect that Final Target of Sellers is to Index at level 1.27 or 1.618.
Trade closed: target reached:
MINOR Retracement will start at level 1.618
Comment:
a bullish crab pattern started as I expected at 1710 .

and Target of Buyers Butterfly may be about 1831.

Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.

GOOD LUCK.

SEYED.
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