MFF REPORT FOR THIS WEEK
Hello traders what do you think about GOLD?
My setups for this week (14th-18th Aug)
first Long setup
entry1 1910 entry2 1907
si 1905 tp1 1925 tp2 1932
CONFIRMATION
1) weekly candle low
2) trendline touch + keylevel (monthly)
3) double bottom formation (in future)
4) market sentiment is bullish (80% client retail clients)
5) weekly strong support.
Second Long setup
entry 1920
si 1915 tp1 1925 tp2 1932
CONFIRMATION
1) daily candle high break
2) weekly strong support
3) key level touch ( yearly,quaterly,monthly)
4) double bottom formation (in future)
5) market sentiment is bullish (80% client retail clients)
Third Short setup
entry 1932
si 1936 tp1 1925 tp2 1920
CONFIRMATION
1) third tap of trendline on 1h 2h 4h
2) on a HTF(weekly) market is bearish
3) double top formation
4) key level touch (monthly)
5) strong resistance area around 1932.
My setups for this week (14th-18th Aug)
first Long setup
entry1 1910 entry2 1907
si 1905 tp1 1925 tp2 1932
CONFIRMATION
1) weekly candle low
2) trendline touch + keylevel (monthly)
3) double bottom formation (in future)
4) market sentiment is bullish (80% client retail clients)
5) weekly strong support.
Second Long setup
entry 1920
si 1915 tp1 1925 tp2 1932
CONFIRMATION
1) daily candle high break
2) weekly strong support
3) key level touch ( yearly,quaterly,monthly)
4) double bottom formation (in future)
5) market sentiment is bullish (80% client retail clients)
Third Short setup
entry 1932
si 1936 tp1 1925 tp2 1920
CONFIRMATION
1) third tap of trendline on 1h 2h 4h
2) on a HTF(weekly) market is bearish
3) double top formation
4) key level touch (monthly)
5) strong resistance area around 1932.
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