Russell 2000 (RTY) | Multi-Timeframe Market AnalysisUS Russell 2000 CashIG:RUSSELLCoffee_addict_traderOverall Bias: Bullish Execution Bias: Intraday Long Higher Timeframe Analysis Monthly: The broader structure remains bullish, with price showing a strong rejection from the 10 EMA and holding above the 38.2% Fibonacci retracement. The next major upside objective is the previous monthly high, which aligns with a key structural flip zone. Weekly: The previous weekly candle closed bullish and above the preceding candle's wick. This supports continuation towards the previous weekly high, where buy-side liquidity remains a potential target. Daily: Price is showing signs of bullish recovery after sweeping previous lows. The daily EMA environment is transitioning towards bullish, while the current structure suggests potential continuation towards higher prices. Intraday Analysis 4H: Price has swept below the weekly open and nearby liquidity levels, while reacting from a significant demand zone. The 10/20 EMA environment remains slightly bearish, so a strong bullish candle close is needed to strengthen the long thesis. 15M: Price is reacting from a demand zone aligned with the 50 EMA. The 10/20 EMA environment is bullish, providing a potential area for intraday continuation. Trading Plan The preferred scenario is an intraday long from the current demand zone, provided bullish momentum is confirmed. Entry: Wait for a strong bullish 4H candle close and valid 15-minute confirmation. Stop Loss: Below the recent intraday swing low. Target: Nearby buy-side liquidity and previous intraday highs. Risk-to-Reward: Targeting 1:3. The trade is conditional on bullish candle-close confirmation. If price fails to hold the demand zone or bullish momentum weakens, the setup will be reassessed. Execution Principle: The higher-timeframe structure supports further upside, but the intraday entry must be validated by price action. Focus on the 1:3 opportunity rather than chasing an extended move towards distant weekly targets.