The GC one hour time frame is breaking the
down trend line and is in a sideways range. It will
be a good idea to allow the market to break and
close above the small sideways range and give
a counter trend line break bullish in the buy zone.
Once or if the market does that. It will be a good
idea to use Fibonacci to help find the limits
Entry: Counter trend line breaks bullish in the
buy zone.
STOP: 1741.9
LIMIT: Next Fibonacci extension in the buy zone
Or Daily Up Fibonacci: 1922.4
As long as the market stays in the side ways
range and or 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 opportunities.
down trend line and is in a sideways range. It will
be a good idea to allow the market to break and
close above the small sideways range and give
a counter trend line break bullish in the buy zone.
Once or if the market does that. It will be a good
idea to use Fibonacci to help find the limits
Entry: Counter trend line breaks bullish in the
buy zone.
STOP: 1741.9
LIMIT: Next Fibonacci extension in the buy zone
Or Daily Up Fibonacci: 1922.4
As long as the market stays in the side ways
range and or 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 opportunities.
