Buying Russell2000 on 1h counter trend line break bullish

Updated
Russell2000 is in uptrend on Daily. Bounced off daily up channel support trend line. Buying on 1h counter trend line break bullish in the buy zone. R:R 1:83. Target - 2320. Stop - 2198
Note
Sorry, wrong target. Correct is 2362, i.e. just a little below all time highs
Fibonaccirussell2000Support and ResistanceTrend Lines

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