VIX long position
Currently, price is at the support level: The last candle touches the lower bollinger band, it means that there will be a bounce and the price should increase.
Moreover, DMI indicator suggests a future crossroad between the blue line and the orange line so the blue line will go beyond the orange one, that it means the price will increase.
To conclude, we can except a price increasement with a target located on the resistance level, the entry is at the support level and the stop loss is below the support level.
Moreover, DMI indicator suggests a future crossroad between the blue line and the orange line so the blue line will go beyond the orange one, that it means the price will increase.
To conclude, we can except a price increasement with a target located on the resistance level, the entry is at the support level and the stop loss is below the support level.
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