ilmscore | Prediction Details
"the next TR trade we took was a structure-based trade and a Fibonacci based trade I call it the 786 strategy it's something that I've went through the market and tested and decided to put in my trading plan and the way I trade it is just go from swing low to swing high after a break of resistance levels and buy or sell if you're going the other direction the 786 retracement and this kind of plays into that but really this was just a structure-based trade after this higher low was created and us still being in somewhat of a bullish Trend higher time frame on a on the 4H hour chart we were actually in a bullish Trend so with this 786 clipped and then also the creation of this higher low here I decided to buy the market here and I had targets set right here at this previous support level"
By The Trading Channel (The Trading Channel) | November 30, 2015 | Pending
From video
Tutorial [Forex Trading] (Cypher Nightmare) (weekly review) 00:05:58 - 00:06:50
Interpreted Prediction
A 786 strategy trade on GBP/CHF was initiated after the creation of a higher low, with targets set at previous support levels.

Prediction Details

Topic
GBP/CHF

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.