quangcttn

Wave structure at 15M EURUSD timeframe

quangcttn Updated   
FOREXCOM:EURUSD   Euro / U.S. Dollar
Wave structure at 15M EURUSD timeframe analyzed according to SMC
The price increased and broke through the Swinghigh then fell back and broke through the Swinglow to create a strong Swinghigh.
There is a high possibility that the price will drop sharply
Comment:
After breaking above the Swinghigh to the Oderblock (OB) area of the 4-hour time frame, the price dropped to break the Swing low, forming a new strong Swinghigh top structure.
Thus, there is a high possibility that prices will continue to decrease

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