I made this Idea based on Candlestick Analysis and Fibonacci Tool.
RTY buyers are burned in black rectangle ( 0.618 golden level )
Therefore
I expect that RTY Buyers are ready in level 1.27 and 1.618
a Bullish Butterfly Pattern π¦ Will Start at 1690
.
Note
LEVEL 1.27 AT 1690 LEVEL 1.618 AT 1619
Note
a New update of targets based on candles analysis. LEVEL 1.27 AT 1690 minus 20 LEVEL 1.618 AT 1619 minus 20 ( super strong bullish trend)
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RTY Is approaching to Golden Level of butterfly at point B. Therefore, we can expect that RTY rise more after pullback from this level.
Note
New Update of My Previous Idea ( Nov 5)
Note
Possible Trend of RTY in next days.
this region Is most Critical Region For RTY in 20230-2024 and after passing this region, say hi to stock buyers.
Note
RTY rise up step by step like an old turtle. Turtle π’ likely needs some sleep based on cypher pattern.
Note
another BUY ORDER
Trade closed manually
Note
RTY Pullback from two golden levels ( 0.618-1.618) The pullback from these two golden levels indicates a strong level of support and potential for a bullish reversal at third golden level.
Traders will be closely watching for confirmation of a bounce and potential entry points for long positions.
Note
based on the given chart ,suggests that there is a belief that a Bearish Crab pattern will begin at the price level of 2077 USD in the Russell index (RUSSEL). This may indicate a bearish outlook for the market based on the expected pattern formation. Traders and analysts who use technical analysis may be looking for this pattern to make trading decisions.
Fibonacci ratios are one of the most powerful and easiest trading tools in your investorβs toolbox. It provides excellent guidance for when a trend will end and reverse course.
GOOD LUCK.
SEYED.
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