RTY Trend Change + Backtest: Bullish August
RTY has successfully executed a linear regression crossover on the daily period (where the 14 period linear regression line crosses the 30 and confirms by also crossing the center ribbon 0.2, 14 STDV BB).
RTY has also backtested the crossover without breaking through it (yet). We have an excellent entry here as well as a clear place to exit the trade if the bullish structure breaks down.
Targets are the upper band at 2357 and above.
RTY has also backtested the crossover without breaking through it (yet). We have an excellent entry here as well as a clear place to exit the trade if the bullish structure breaks down.
Targets are the upper band at 2357 and above.
Trade active
2212.7 long
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.