Triple Top and Parallel ChannelE-mini Russell 2000 Index FuturesCME_MINI_DL:RTY1!SaravveluBullish Scenario (Breakout Long): Trigger: A decisive break above the resistance confluence (~2,500) with a daily close. Ideally, look for increased volume to confirm conviction. Entry Strategy: Wait for a retest of the broken resistance as new support (e.g., pullback to 2,480-2,500). This reduces false breakout risk. Enter long on a bounce from there. Targets: Initial: 2,600 Extended: aiming for 2,800-3,000. Stop Loss: Below the retest low or recent swing low (~2,400) to protect against whipsaws. Bearish Scenario (Rejection Short): Trigger: A "top signal" like a bearish engulfing candle, shooting star, or failed breakout at the resistance. Confirm with volume spike on the downside. Entry Strategy: Enter short on confirmation, targeting the lower channel line or dotted midline. Targets: Initial: ~2,100 Extended: ~1,800-1,900 Stop Loss: Above the recent high (~2,500) or the trendline to invalidate the short. Rationale: Triple tops often resolve bearishly in downtrends.