GC Long idea +1,500 Ticks
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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.