Wave structure of XAUUSD in 15 minute time frame
Updated
4H is swing bullish
M15 is bearish => current is pullback up
i-M15 is bullish
We can buy according to the internal wave when the price penetrates the IDM and in the 1 minute time frame there is an increasing CHOCH signal.
M15 is bearish => current is pullback up
i-M15 is bullish
We can buy according to the internal wave when the price penetrates the IDM and in the 1 minute time frame there is an increasing CHOCH signal.
Note
Price dropped and broke through IDMNote
The price reacted strongly in the first OB block when in the one minute time frame there was a CHOCH signa
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