This is the RTY at the 4 hour view. After the RTY broke the bottom of my upward channel, I had create new ones.
This is still unconfirmed. There is a possibility that the RTY is between an upward channel and a downward channel. What I am showing is the downward channel.
It will be edited as I get more data and a confirmed downtrend. The red lines divide up the sell zones. The green lines are the buy zones. Strategy is short at the top of the channel and long at the bottom.
This is still unconfirmed. There is a possibility that the RTY is between an upward channel and a downward channel. What I am showing is the downward channel.
It will be edited as I get more data and a confirmed downtrend. The red lines divide up the sell zones. The green lines are the buy zones. Strategy is short at the top of the channel and long at the bottom.
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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.