Strategies7 min read
Trading Corrective Patterns: ABC and Complex Corrections
Corrective patterns are where most traders lose money. Learn to identify and trade them. Flags and pullbacks inside trends, with the entries that respect them.
ABC Correction
The simplest correction: A (impulse down), B (rally), C (impulse down). C is usually 61.8% or 100% of A. Trade C by entering when B completes at 61.8% of A.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70-80% of retail investor accounts lose money when trading CFDs. Backtesting does not guarantee future results. Always consider whether you can afford the potential loss of your capital.