ilmscore | Prediction Details
"here is our previous resistance level we obviously break above and close above it right here since we broke above and closed above that level what I would do is if this Market had not already played out if this was all to the left and I had no right end my chart what I would do in this situation is take a Fibonacci retracement from swing low to swing high and wait for the 786 retracement right here and as we can see the market WRA rallied before ever getting close to the 786 which is fine that will happen a lot"
By The Trading Channel (The Trading Channel) | December 14, 2015 | Pending
From video
Tutorial: .786 trend continuation strategy (How to trade forex) 00:03:57 - 00:04:35
Interpreted Prediction
On Dollar Yen, a break and close above previous resistance suggests applying a Fibonacci retracement from swing low to swing high, anticipating a rally before reaching the 786 level.

Prediction Details

Topic
Dollar Yen Trading

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