correctivestructure

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fischerrr fischerrr AUDUSD, D, Short ,
AUDUSD: AUDUSD WXY Correction just finished, bearish move next
74 0 1
AUDUSD, D Short
AUDUSD WXY Correction just finished, bearish move next

AUDUSD finished WXY corrective structure, bearish trend to continue next, keep an eye on the price when hits bottom trend line, if it bounces back then there is a chance to WXYXZ structure.

MitchellShoesmith MitchellShoesmith EURAUD, 240, Short ,
EURAUD: EUR/AUD - SHORT
52 0 4
EURAUD, 240 Short
EUR/AUD - SHORT

I am currently holding shorts on this pair. We have had a nice corrective structure on the 4H and a retracement and rejection off the 61.8 fibonacci level. We have also broke back below and retested 1.40500 monthly support level as well as broke the counter TL on the 4 hour. Currently seeing a small area of consolidation on the 1H time frame before i expect ...

EuroDollarExpert EuroDollarExpert GBPUSD, 240, Long ,
GBPUSD: GBP/USD Triple Bottom + 61.8% Fib Confluence
43 0 2
GBPUSD, 240 Long
GBP/USD Triple Bottom + 61.8% Fib Confluence

Hi Traders, This trade set up is for GBP/USD based off of the 4H chart. Now we can see price action failed at the 61.8% Fib level on 3 occasions over 2 days. This failure supports the theory that price action is simply taking a break from moving up after a long period of gains. The market appears to be rejecting any further decline past the 61.8% fib level ...

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