The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it. I use this criteria as a way to alert me to an existing condition of price. I trade the 15-minute time frame with the 5-minute to trigger me into a trade.The 2c setup again, as presented in previous posts, here & here.
Things to look for; Reverse Divergence on 15-min. Inverse Head & Shoulders, possibly a 3d setup on the 5min chart with a seed wave price pattern.
GLD presented the 2c long setup as well, but then rolled over giving a 2b short setup.
Look for the 4c-to-4d short setup on the 5min chart that coincides with a trend line break.