The RTY daily time frame is in an up channel. The
market is moving from the top of the channel
towards the bottom of the channel. The market
created a down Fibonacci with an extension price
point 2180.3 which matches with the bottom of
the channel. It will be a good idea to wait for the
market to fall towards the bottom of the channel.
Then turn to the one hour and look for low prices
in the buy zone back towards the top of the
channel price point 2363.7
market is moving from the top of the channel
towards the bottom of the channel. The market
created a down Fibonacci with an extension price
point 2180.3 which matches with the bottom of
the channel. It will be a good idea to wait for the
market to fall towards the bottom of the channel.
Then turn to the one hour and look for low prices
in the buy zone back towards the top of the
channel price point 2363.7
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