XAUUSD market structure at 4-hour timeframe
4H is swing bearish => curent is pullback up
We can sell down when the price rises to OB
We can sell down when the price rises to OB
Kommentar:
The price increased and broke through IDM
Kommentar:
The price drops when it tap on OB
Kommentar:
The market structure of XAUUSD remains unchanged. The price wave follows the downtrend of the 4-hour time frame
Kommentar:
In the 15-minute time frame, there is a downtrend, the price can only increase again when there is a CHOCH reversal signal in the 15-minute time frame.
Kommentar:
The price increased and broke the strong swing peak, so in the 4-hour time frame it changed to an uptrend