Smcanalysis
Wave structure of DXY in time frame M15, 4HDay uptrend -> pullback is bearish
4H dowtrend -> pullback is bearish
M15 Uptrend-> current is bullish
The price increased and broke through the strong swing high, so in the M15 time frame it turned into an uptrend
life cycle of the wave structure
Day is uptrend => 4H is dowtrend => M15 is uptrend => 4H is uptrend => Day Uptrend
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