XAUUSD Market Structure Analysis on 15 Minute & 4 Hour Timeframe
Updated
4H swing is bearish => current is pullback
M15 swing is bearish.
The main trend of the 15-minute and 4-hour timeframes is down, so we can look for selling opportunities in this area.
M15 swing is bearish.
The main trend of the 15-minute and 4-hour timeframes is down, so we can look for selling opportunities in this area.
Trade active
15 min time frame price continues to fall and breaks the bottom and makes a strong new high
Trade closed: target reached
15-minute time frame price has broken a weak bottom but has not created a new strong swing top
Note
15 min time frame price continues to fall and breaks the bottom and makes a strong new high
Note
price dropped and broke weak bottom on 4 hour time frame as planned
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.