The GC one hour time frame is in an up trend.
The market is below the short term down trend
line. It will be a good idea to wait for the market
to break and close above the short term down
trend line before looking for long ideas.
Entry: Counter trend line break bullish in the
buy zone.
STOP: In the sell zone, below the last low.
LIMIT: 2114.6
Once or if the market enters into the buy zone.
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long ideas.
The market is below the short term down trend
line. It will be a good idea to wait for the market
to break and close above the short term down
trend line before looking for long ideas.
Entry: Counter trend line break bullish in the
buy zone.
STOP: In the sell zone, below the last low.
LIMIT: 2114.6
Once or if the market enters into the buy zone.
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long ideas.
