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Wave structure of XAUUSD on 15 minute timeframe
Gold Spot / U.S. Dollar
Wave structure of XAUUSD on 15 minute timeframe
By quangcttn
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Updated
Mar 23, 2024
5
Mar 21, 2024
4h is Swing bullish
M15 is swing bullish => currently is pullback dow
The price decreased to the IDM to facilitate liquidity before increasing again.
Mar 21, 2024
Note
The price dropped to the first liquidity trap
Mar 21, 2024
Note
The price dropped to the second liquidity trap.
Mar 23, 2024
Note
The price is following the plan accurately; today, it dropped to the final trap.
Technical Indicators
SMC
smcanalysis
smcconcepts
smctrading
Trend Analysis
Wave Analysis
quangcttn
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