Complex Correction (Multi-Swing Corrective Phase)

A complex correction occurs when price corrects through multiple swings rather than a clean single retrace. On the daily chart, it looks like a series of structural breaks, retraces, and changes of character — confusing price action that seems to change direction repeatedly. But on the weekly chart, the entire complex correction is just one impulse leg or one part of an impulse. The daily shows multiple breaks that struggle to follow through. Each failed break creates a corrective high (in a downtrend) that becomes a liquidity target. Traders on the daily get trapped by false reversals because they see structure changing — but the weekly trend was never in question. The key identifier is the quality of structural breaks: in a complex correction, breaks barely close beyond the level, immediately retrace, and fail to show proportional momentum compared to the previous true impulse. When you recognize complex corrective structure forming, treat the entire phase as one impulse on the higher timeframe. The corrective highs are liquidity targets, not reversal signals.