TradingBrokersView

RUSSELL 2000 Bottom of Channel Up. Buy signal.

Long
CME_MINI_DL:RTY1!   E-Mini Russell 2000 Index Futures
Russell 2000 reached the bottom of the (1d) Channel Up on a symmetric -9.20% bearish leg, like the one before.
It is holding above the MA100 (1d), same with August 25th 2023, which was also a -9.15% decline but the rebound failed to close over the MA50 (1d) and resumed the downtrend.

Trading Plan:
1. Buy on the current market price and as long as daily candles are closed over the MA100 (1d).
2. Sell if a daily candle gets closed under the MA100 (1d).

Targets:
1. 2230 (+13.61% rise like the bullish leg before).
2. 1830 (-15.63% decline from the top, like the March 24th 2023 low).

Tips:
1. The RSI (1d) is on a pattern consistent with -9.20% declines. It is approaching the 30.00 oversold limit.

Please like, follow and comment!!

Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉

Also doing account management, earn +15% monthly profit!

👉CONTACT: t.me/tradingbrokersview

Stop gambling with your trades! 🎰
Start being profitable! 💰
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.