Wave structure of XAUUSD on 15 minute timeframe
Updated
M15 is swing bullish => current is pullback dow.
If the price breaks down to the bottom of the Strong Swing, it gives a bearish CHOCH signal.
We can buy up if in the 1 or 5 minute time frame there is an increasing CHOCH signal
If the price breaks down to the bottom of the Strong Swing, it gives a bearish CHOCH signal.
We can buy up if in the 1 or 5 minute time frame there is an increasing CHOCH signal
Note
When there is a CHOCH signal increase in the 1-minute timeframe, the price surges strongly, breaking the previous peak
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