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XAUUSD wave structure in 15M timeframe

Emas / Dollar A.S. (FOREXCOM:XAUUSD)  
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FOREXCOM:XAUUSD   Emas / Dollar A.S.
Wave Analysis SMC smctrading smcanalysis smcconcepts
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waveanalysis smc smctrading smcanalysis smcconcepts
- 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.
Komentar:
The wave structure remains unchanged.
The 5M time frame is still in a downtrend
Komentar:
The current 15m wave is the inner wave and the price is still between strong swinghigh and weak swinglow.
We will monitor the liquidity trap to find the opportunity to sell

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