VIX - Bull Flag into Bat
The VIX chart is showing a clear bull flag at the moment, with a bullish bat-like pattern that has formed.
I know point B on the Bat overshot the 0.382 - 0.50 mid point, however I put more emphasis on the 0.886 X-D retracement point. We are very close to the 0.886, however I am comfortable taking a long position here as long as the TD Risk line continues to hold.
Any thoughts? Feedback is always appreciate. Best of luck!
I know point B on the Bat overshot the 0.382 - 0.50 mid point, however I put more emphasis on the 0.886 X-D retracement point. We are very close to the 0.886, however I am comfortable taking a long position here as long as the TD Risk line continues to hold.
Any thoughts? Feedback is always appreciate. Best of luck!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.