RUSSELL 2000 [Daily, Long]: Trend Continuation
Updated
Overall trend is bullish as above 200MA.
Price action is nice and clean and broke resistance, forming a bullish flag pattern.
Entry: Slightly above the resistance turned support to get filled in at 1621.56
SL: Slightly below the next swing low at 1588.92
Exit: Trail SL 1ATR
Price action is nice and clean and broke resistance, forming a bullish flag pattern.
Entry: Slightly above the resistance turned support to get filled in at 1621.56
SL: Slightly below the next swing low at 1588.92
Exit: Trail SL 1ATR
Trade closed manually
0.3R hit trailing stop
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