ilmscore | Prediction Details
"if the market does make it back to this level I would be interested in taking an opportunity to short this Market if I get the right reasons for entry so can we combine anything with that level of structure we can pull a Fibonacci retracement and see that we have a 618 retracement right there at that level of structure increasing our odds of this being an important level in the market"
By The Trading Channel (The Trading Channel) | October 11, 2016 | Pending
From video
How to do long-term investment analysis ( website preview ) 00:14:35 - 00:14:57
Interpreted Prediction
GBP/USD presents a potential shorting opportunity at a major support level that has been retested, which aligns with a 0.618 Fibonacci retracement, indicating an important price zone.

Prediction Details

Topic
GBP/USD

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