ilmscore | Prediction Details
"so what we did was came down and formed a pinit formation at this point right here I know what I'm looking for I know that I'm looking for a break below these support levels why you might ask because we have just put in an impulsive move down and this second support level tells me that we are either in a penet formation or a triangle formation and either way I want to sell the break of that support level"
By The Trading Channel (The Trading Channel) | May 3, 2016 | Pending
From video
(Trading Tutorial ) How to trade using simple patterns 00:15:26 - 00:15:57
Interpreted Prediction
A pennant or triangle formation was identified on NZD/USD after an impulsive move down, and the strategy was to sell the break of the support level.

Prediction Details

Topic
NZD/USD Trading Example (Descending Triangle)

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