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.
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