The RTY one hour time frame is in an up channel. The market hit the bottom of the channel and showing signs of pushing bullish towards the top of the channel.
Entry: Counter trend line break bullish above the bottom of the channel.
STOP: 2201.8
LIMIT: 2325.00
As long as the market stays above the bottom of the channel. It will be a good idea to turn to the five minute time frame and to look for tunnel trader long / destination trader long opportunities.
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