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Correctivestructure

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!
Short
by ccerezo11
6
EUR/GBP - Breakdown of structureThe same pattern is visible on all GBP-crosses this morning. Strong counter trend impulsive move closing below/above swing high/low, indicating the counter trend players have had enough and want to see a stronger pound. If this structure holds and we see a pullback towards the short-term corrective structure top I am looking to go short around 0.89930, targeting 0.89700 primarily and thereafter the incoming support zone around 0.89150-0.89320.
Short
by Sascha_Gogolin
USD/CHF - Closing in on a long term resistance zoneEven though we are getting close to a daily resistance zone I think there is a short-term upside potential. The latest bull run has been almost uninterrupted by the bears and they most likely won't be able to stop it with just one try. So expect increasing volatility before this thing turns around. For now I am looking to get long if price makes it back to the bottom of the short-term corrective structure around 0.98900 with my first target around 0.98900 and my secondary target all the way up at the top of the resistance zone around 0.99400. If we don't get the pullback I am waiting for = No trade.
Long
by Sascha_Gogolin