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GC Holding on Support

GC Holding on Support

The GC One hour time frame is in a short term
down trend. The market is finding support at the
back side of the old up channel . It is a good idea
to wait for the market to break and close above the
down trend line before looking to buy.

Entry: Counter trend line break bullish in the
buy zone.

STOP: In the sell zone below the entry

LIMIT: 1810.10

As long as the market stays above the support
level of the old up 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.

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