GC +400 ticks, one hour time frame
The GC one hour time frame is in an up channel.
The market is at the top of the channel. The
research says it will be a good idea to wait for
the market to either fall towards the bottom of
the channel or break above the channel before
looking for the next long idea.
Entry: Counter trend line break bullish either at
the bottom of the channel or above the channel.
STOP: In the sell zone 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
1871.6.
Once or the market provides an entry. It will
be a good idea to turn to the five minute
time frame and look for tunnel trader long /
destination trader long ideas towards the one
hour limit.
The market is at the top of the channel. The
research says it will be a good idea to wait for
the market to either fall towards the bottom of
the channel or break above the channel before
looking for the next long idea.
Entry: Counter trend line break bullish either at
the bottom of the channel or above the channel.
STOP: In the sell zone 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
1871.6.
Once or the market provides an entry. It will
be a good idea to turn to the five minute
time frame and look for tunnel trader long /
destination trader long ideas towards the one
hour limit.
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