Micro Russell Plan of Attack
Let's go over the plan for a possible trend reversal on the Micro Russell using our TrendCloud Trading strategy.
Right now we are in a strong downtrend on the one hour chart with downward momentum.
The 15 min trend has been terminated and the TrendCloud is telling us that we already have trend reversal because of the moving average crossover.
However we have not crossed above +100 yet. So we still need that piece of the equation before taking a long entry.
Right now we are in a strong downtrend on the one hour chart with downward momentum.
The 15 min trend has been terminated and the TrendCloud is telling us that we already have trend reversal because of the moving average crossover.
However we have not crossed above +100 yet. So we still need that piece of the equation before taking a long entry.
Chris Juliano