The RTY one hour time frame is in an up trend.
The market is making higher highs and higher
lows. The market has an up Fibonacci with an
extension price point 2941.3 about +1,298 Ticks
above the market. As long as the market does not
take out the one boundary price point 2591.8. It
is expected the market to U-turn bullish and push
towards the one hour Fibonacci extension price.
Entry: Counter trend line break bullish ideally at
price point 2756.8 or lower (That is when reward
is larger than risk)
STOP: 2581.00
LIMIT: 2941.3
Another entry idea: If the risk off the one hour time
frame is too large. It will be a good idea to turn to
the five minute time frame and to look for long ideas
with less risk.
The market is making higher highs and higher
lows. The market has an up Fibonacci with an
extension price point 2941.3 about +1,298 Ticks
above the market. As long as the market does not
take out the one boundary price point 2591.8. It
is expected the market to U-turn bullish and push
towards the one hour Fibonacci extension price.
Entry: Counter trend line break bullish ideally at
price point 2756.8 or lower (That is when reward
is larger than risk)
STOP: 2581.00
LIMIT: 2941.3
Another entry idea: If the risk off the one hour time
frame is too large. It will be a good idea to turn to
the five minute time frame and to look for long ideas
with less risk.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.