Smcanalysis
Wave structure of XAUUSD in time frame M15DAY is uptrend => current is impulse
4H uptrend => curent is internal bullish
M15 is dowtrend => current is internal bearish
The price fell and penetrated the i-Swing (Internal Swing) strongly so the internal rising wave ended.
We can find opportunities to sell down when prices rise again
Wave structure of AUDUSD in 15M, 4H time frame4H is uptrend => current is impulse
15M is uptrend -> current is impulse
The current price is in the supply zone of the daily time frame, so there is a high possibility of a pullback wave of the 4H frame.
We wait for the wave structure to develop and give the CHOCH breakout signal
Wave structure of EURUSD in 4H time frameDay is dowtrend => current is correction
4H is uptrend => current is impulse
15M is uptrend => current is correction
Currently, in the 15M time frame there is a CHOCH signal, there is a high possibility that the wave in the 4H frame will have a pullback wave.
XAUUSD wave structure in 15M timeframe- 4H time frame uptrend
- 15M time frame downtrend => currently pullback up
- 5M time frame downtrend => current pullback up
- The price dropped and broke through the bottom of 5M, creating an i-BOS signal signaling the end of the pullback wave of 5M.
- The 15M and 5M time frames end the pullback wave, with a high possibility that the price will fall to the weak swinglow of the 15M time frame.
High & Low Resistance LiquidityLOW RESISTANCCE LQ
1.No liqidation
Available SSLQ generated at weak low = low resistance lQ
2. Price is more likely to pullback to the nearest POI
3. high resistance LQ left at new strong high
4. price will move impulsively past low resistance lows to target available SSLQ
HIGH RESISTANCCE LQ
1. Strong liquidation
Signals potential institutional backing
Leaves high resistance LQ
2. Often price will then pull back much deeper (or potentially reverse)
3. The end of the pullback often forms through a liquidation, leaving high resistance LQ at what then becomes the new strong / protected high
4. Price meets some resistance at the sweep zone to the left rather than smashing straight through the weak lows when there's low resistance LQ
GBPUSD wave structure in 4H time frame-The daily timeframe is in a downtrend, currently a bullish pullback wave
-The 4H time frame is in an uptrend, currently a bearish pullback wave
-15M time frame is in an uptrend, currently a bearish pullback wave
-15M and 4H have the same downtrend.
-If the Swing Low of the 15M timeframe is broken. We look for opportunities to sell down
Trading logic in multiple time frames of the SMC methodAfter the price breaks through the Swinghigh of the large time frame to create a BOS signal
We look for sell down or buy up signals according to the following structure:
Swing high(Weak) H4 => 1/5M pullback => break Swinglow 1/5M => 15M pullback => break Swinglow 15M => Pullback 4H => Order block 4H=> Pullback 1/5M => break Swinghigh 1/5M => Pullback 15M => break Swing 15M = > Pullback 4H => break Swinghigh 4H => Create new Swing High (Weak) and Swing Low (Strong)
Wave structure of gold in the 15M time frame analyzed by the SMThe wave structure of gold in the 15M time frame is analyzed using the SMC method
At frame 15M, the price broke through the Swinglow, creating a BOS signal and shifting to a downtrend.
In the 4h frame, the price broke the i-Low bottom, creating a CHOCH signal
Wait for the price to increase back to the OB block in the 4h time frame, then wait for 15M to have a CHOCH signal so we can sell down.
SH: Swing High
SL: Swing Low
i-Low: Internal Low
i-High: Internal High
i-BOS: Internal BOS