The GC one hour time frame is in an up channel.
the market hit the top of the channel and pushed
bearish. I am waiting for the market to form a
low either at the bottom of the channel or above
the channel.
Entry: Counter trend line break bullish either at
the bottom of the channel or above the channel.
STOP: In the sell zone.
LIMIT: If entry is at the bottom of the channel,
the limit will be just under the top of the
channel.
If entry is above the channel. The limit will be
1810.1
As long as the market stays above the bottom of
the channel. 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.
the market hit the top of the channel and pushed
bearish. I am waiting for the market to form a
low either at the bottom of the channel or above
the channel.
Entry: Counter trend line break bullish either at
the bottom of the channel or above the channel.
STOP: In the sell zone.
LIMIT: If entry is at the bottom of the channel,
the limit will be just under the top of the
channel.
If entry is above the channel. The limit will be
1810.1
As long as the market stays above the bottom of
the channel. 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.
