The GC one hour time frame is in an up channel.
the market is near the bottom of the channel
where historically speaking the market usually
pushes bullish towards the top of the channel.
Entry: Counter trend line break bullish above
the bottom of the channel.
STOP: In the sell zone below the las low.
LIMIT: 1830.5
Once or if the market gives the counter trend
line break entry. It will be a good idea to turn
to the five minute time frame and to look for
tunnel trader long / destination trader long
opportunities as long as the market stays in
the one hour buy zone.
the market is near the bottom of the channel
where historically speaking the market usually
pushes bullish towards the top of the channel.
Entry: Counter trend line break bullish above
the bottom of the channel.
STOP: In the sell zone below the las low.
LIMIT: 1830.5
Once or if the market gives the counter trend
line break entry. It will be a good idea to turn
to the five minute time frame and to look for
tunnel trader long / destination trader long
opportunities as long as the market stays in
the one hour buy zone.
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