EUR/CAD - SHORTPotential for a nice short trade of 200 pips or more from this setup. Just broke out of the daily corrective structure to the downside. Now in a period of consolidation and moving sideways in the market. Will be looking for a break of the consolidation on the lower time frames to get an entry on this one.
Let me know what you think.
Correctivestructure
SHORT on NZDUSDAS YOU SEE HERE WE HAVE AN ABC PATTERN ABOUT TO BE FINISHED AS WELL AS THE ELIOTT 12345 PATTERN. THIS BIG CORRECTIVE STRUCTURE RESULTS FROM A BIG DOWNTREND IMPULSE IN THE WEEKLY CHART. I PLACED A SELL LIMIT ORDER AS YOU SEE AND LOOKING FOR A 500 PIP TRADE!! TELL ME WHAT YOU THINK
CARLOS
AUDCAD SHORT TERM - PERFECT SELL SET UPHI PEOPLE. WE REACHED THE TOP OF THE MAIN WAVE CORRECTIVE STRUCTURE IN DAILY AND NOT IT IS DOING THE LAST BIG MOVE INSIDE OF IT.
LOOKING AT THE H1 CHART WE SAW A GREAT OPPORTUNITY FOR A 110 PIP TRADE. JUST WAIT FOR THE SECOND CORRECTION TO BE FORMED UP AND THEN SELL THE BRAKE OUT MADE BY THE NEXT IMPULSE (THE LAST ARROW DRAWN WILL BE OUR TRADE)
I AM WAITING FOR SUNDAY 23:00 LOCAL TIME IN SPAIN TO PLACE THE SELL LIMIT.
LET ME KNOW YOUR OPINION ON THIS!
GOLD Is In Corrective Structure: Bearish Gartley TradeHey traders! Pretty choppy week on the currency front, and I like trading harmonic patterns like this one during sideways price action. I have an entry at the top of the PRZ with target at .618CD. Trendline may add resistance below the SL, and it is important to watch PA near the lower TL should price reach that level. More updates to come, cheers!
US/OIL - Breakdown of corrective structure and pre-breakoutWe are seing a pre-breakout structure forming and a possible breakdown of the corrective structure if this breakout manifests. Trade idea is pretty straight forward, entry close to the top of the corrective structure in cas of a pullback or a breakout-retest entry.
Short term target for me would be around 48.25 and longer term targets 47.70 and 46.00.















