19-11-07 : GS short term setup

As i said, GS's trend strength is weak now, and anytime it can reverse anywhere.

Its not safe for a swing or position. For day trade however, there's still a way.

Using 15min, we can establish a temp channel, and using channel trading technique
(much like the box theory, modified by myself), we can still profit from
the short term move.


If its above 228, we go for call. If it drop below from upper trendline, we go for put.

Call
----
price = 228
target = 238($10)
cut = 226($2)
risk:reward = 1:5

Put
---
price = 224
target = 216($8)
cut = $226($2)
risk:reward = 1:4

Its still possible to profit from GS using this setup.

GS 15min chart with channel
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