correctivestructure

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EamesAnalysis EamesAnalysis XAUUSD, 60,
XAUUSD: Gold impulse down after finish of the 5 wave structure?
180 0 5
XAUUSD, 60
Gold impulse down after finish of the 5 wave structure?

Gold seems to have finished the 5 wave pattern which my other gold prediction covered. The five wave cycle has finished and has formed an A wave, is currently in the B wave and I am looking at any break of the short term trendline. This would confirm downside. I would not be surprised if the correction did retrace to the 50-61.8% of wave A before wave B ...

EamesAnalysis EamesAnalysis NZDUSD, 240,
NZDUSD: NZDUSD bearish?
140 0 4
NZDUSD, 240
NZDUSD bearish?

A-B fib retracement shows the D finish in 61.8-78.6% area. I expect price to fall into the 61.8-78.6% area of retracement C to D. I am waiting to see if it is confirmed for further downside at this point, before making any further predictions.

EamesAnalysis EamesAnalysis GBPUSD, 60,
GBPUSD: GBPUSD zigzag?
196 0 2
GBPUSD, 60
GBPUSD zigzag?

GBPUSD looks like it has finished the 3rd wave and has began correcting. I would expect price to climb to the 61.8 to 78.6 % fib retracement level finishing the B wave. I then would anticipate price to fall down the the 161.8% level of wave A. This would complete the first of possibly 3 corrections. If entering, I would wait for a larger/engulfing bullish ...

fischerrr fischerrr AUDUSD, D, Short ,
AUDUSD: AUDUSD WXY Correction just finished, bearish move next
104 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
44 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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