XAUUSD wave structure on 15 minute and 4 hour timeframes
Updated
4H swing is bullish.
M15 swing is bearish. => The start of the pullback wave of the 4-hour time frame
We can look for selling opportunities in the demand zone of the 4-hour frame.
M15 swing is bearish. => The start of the pullback wave of the 4-hour time frame
We can look for selling opportunities in the demand zone of the 4-hour frame.
Note
After rising and breaking the IDM level, it fell as planned.Note
Today the price went down as planned.
Related publications
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.