XAUUSD wave structure analysis on hourly timeframe using SMC
M15 swing is bearish => Current is pullback.
4H swing is bearish => Current is pullback.
The current price is in the Supply zone of the 4-hour time frame, we can look for selling opportunities in this zone
4H swing is bearish => Current is pullback.
The current price is in the Supply zone of the 4-hour time frame, we can look for selling opportunities in this zone
Note
Price breaks through strong bottom of 15 minute time frame
Note
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