XAUUSD wave structure analysis on 15 minute and 4 hour timeframe
4H swing is bullish => current is pullback.
M15 swing is bearish.
The current price is in the demand zone on the 4-hour timeframe, so we can look for buying opportunities on this timeframe.
We wait for a bullish signal on the 5-minute or 15-minute timeframe, which gives a higher probability of winning.
M15 swing is bearish.
The current price is in the demand zone on the 4-hour timeframe, so we can look for buying opportunities on this timeframe.
We wait for a bullish signal on the 5-minute or 15-minute timeframe, which gives a higher probability of winning.
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market structure on 15-minute timeframe
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