ilmscore | Prediction Details
"here on the 3 minute chart you'll see that we have actually put in a descending triangle as well and broken through the support level of that descending triangle just a few minutes ago we'll draw in our support level here and our descending resistance here so with this being the case what we are expecting to happen here is after this impulsive moved down this period of brief consolidation in way of a descending triangle the break through this triangle and hopefully a considerable move to the downside to continue the overall trend in the market which is down"
By The Trading Channel (The Trading Channel) | May 3, 2016 | Pending
From video
(Trading Tutorial ) How to trade using simple patterns 00:19:07 - 00:19:44
Interpreted Prediction
A descending triangle was identified and broken on the 3-minute chart for NZD/JPY, with an expectation of a considerable move to the downside to continue the bearish trend.

Prediction Details

Topic
NZD/JPY Trading Example (Descending Triangle)

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