(VIX) Volatility S&P 500 index analysis.

# *Tools & Patterns Used in This Chart (VIX - Volatility S&P 500 Index - 4H Chart)*

#### *Patterns Identified:*
1. *Order Block (OB)*
- Marked in a *purple shaded area* near the recent high.
- Indicates a *supply zone* where price may react and reverse.

2. *Fair Value Gap (FVG)*
- Highlighted inside the *purple zone* below the OB.
- Represents an *inefficiency in price action* where price may return before continuing its move.

3. *Change of Character (CHOCH)*
- Marked in the *green zone*.
- Signals a *shift in market structure*, often indicating the start of a new trend.

4. *Liquidity Pool (LQD)*
- Marked in the *blue zone at the bottom*.
- A level where price may be drawn to *liquidate stop-losses* before reversing.

5. *Trendline (TL) / Top Resistance*
- A *black trendline* marking a *significant resistance level*.
- This could act as a *strong supply zone*, where price faces difficulty moving higher.

6. *Strong Rejections (Red Arrows)*
- Several *red arrows* indicate points of *strong selling pressure*.
- Suggests that *institutions or smart money* are pushing price down.

7. *Bearish Projection*
- The price path tool *predicts a downward move* toward *liquidity zones* around *18.85 and below*.

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### *Tools Used in the Chart:*
1. *Rectangle Tool* – Used to highlight:
- *Order Blocks (OB)*
- *Fair Value Gaps (FVG)*
- *Liquidity Pools (LQD)*

2. *Trendline Tool* – Used to draw *resistance lines*.

3. *Arrow Tool* – Indicates key price *rejections and liquidity grabs*.

4. *Text Labels* – Used to mark *CHOCH, BOS, OB, FVG, and LQD*.

5. *Price Path Tool* – Used to forecast *potential price movement* downward.

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### *Conclusion:*
- The chart is based on *Smart Money Concepts (SMC)*.
- It suggests *bearish movement* after a rejection at a key *order block* and a *liquidity grab* at the highs.
- Price may seek *liquidity at lower levels (LQD)* before finding a support zone.

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