ilmscore | Prediction Details
"meaning now i would be dropping down to smaller time frames one hour and four hour charts looking for this market to pull back on a one-hour chart would be more likely so let's go down to that on a one-hour chart it's quite possible that if this market has a pullback all the way to this zone we start to see this market go oversold if we see this market go oversold and start to provide some kind of rsi divergence while we are oversold higher lows on the rsi lower lows on price then that is when i'll be looking for possible trading opportunities out of the euro excuse me out of the pound dollar to push the market higher"
By The Trading Channel (The Trading Channel) | November 11, 2020 | Pending
From video
The Only Price Action Trading Strategy You Will Ever Need... 00:15:50 - 00:16:25
Interpreted Prediction
On GBP/USD, after price breaks resistance and becomes support, the speaker will look for a pullback to this zone. If the market becomes oversold and shows bullish RSI divergence (RSI higher lows, price lower lows), it will present a trading opportunity for a move higher.

Prediction Details

Topic
Forex Trading Strategy

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