Multi Time Fram Setup example GOLD (XAUUSD) 10-09-2024 16:30 ISTPreviously I posted one MTF setup in NIFTY, but was unable to add snaps in the chart.
I am posting now one setup in forex Gold. wich I recently found.
TIME Frames in Play : H4 and H1, and M15
1 Daily CS (candle stick) represents H4 structure or Trend.
1 H4 CS represent H1 structure or Trend.
1 H1 Cs represent M15 structure or trend.
H4 Breakout was Buy Direction,
Price came pull back by breaking H1 low,
again gave H1 break high. (Control) confirmation of continuation of Direction.
After confirmation price came back and gave M15 break, for entry. Price came twice to entry point and flew.
Hope you can understand . Let win together!!