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Smcanalysis

XAUUSD 15 MIN If we look at the daily frame, we can notice the market structural change from bullish to bearish. That is, after the price was breaking consecutive highs, we notice that the price has started to form a lower bottom than the bottom, which shows that we have changed from bullish to bearish. This is the daily frame. Now we return to the 15-minute frame to see what we can do automatically. Returning to the mentioned team, we notice that the price has broken the structure again, and made a structural change. According to Spleen, we made a structural change with the price accelerating and leaving a gap behind at the top. From there, we can enter some sell deals. All you have to do now is wait for the formation of two highs so that the price takes liquidity from them, and as many traders as possible exit before the price drops to target the bottom of the previous day. Thank you. If you have any questions, see you in the comments.
FOREXCOM:XAUUSDShort
by Abdelmalak
1
HIGH + LOW RESISTANCE LIQUIDITYHIGH + LOW RESISTANCE LIQUIDITY LOW RESISTANCE LQ 1. No liquidity Available SSLQ generated at weak low = low ressistance LQ 2. Price is more likely to pullbakc to the nearest POI 3. High resistance LQ left at new strong high 4. Price will move impulsively past low resistance lows to target availabe weak low HIGH RESISTANCE LQ 1. Strong liquidity Signals potential institutional backing leaves high resistanve LQ 2. Often price will then pull bakc much deeper or protentially reverse 3. The end of the pullback often forms through a liquiditytion, leaving high resistance LQ at what he becomes the new strong / protected high 4. Price meets some resistance at the sweep zone to the left rather than smashigh straight through the weak lows when there's low resistance lQ
OANDA:XAUUSDEducation
by quangcttn