ilmscore | Prediction Details
"we have a 4H hour bat pattern now as I said before I do like to start out on the daily charts to just see where I'm at and give myself a bird's eye view of the market now here on the daily chart you can see that we have I mov my Advanced pattern out of the way previously broke above a structure resistance level here that tells me that I'm that we have an opportunity to go long because after we have broken closed above a previous structure level a lot of time we will continue in that direction so I have my bias of going long and I know that my next level of resistance is all the way up here so I do have room to go up considering that so then we drop down to our smaller time frames such as the 4-Hour chart as you can see here on the 4our chart taking a look at this being our impulsive move coming up from X to a if I take a Fibonacci retracement from X up to a you see that we come down to a good 50% retracement there and then from from a down to B we need that 382 and we easily get that so now with that being the case we just wait for our DEC completion down here at the 886 to complete this bat pattern on the pound dollar 4H hour chart"
By The Trading Channel (The Trading Channel) | December 15, 2016 | Pending
From video
Advanced Pattern Watchlist ( Episode 1 ) 00:04:42 - 00:06:01
Interpreted Prediction
A bat pattern is identified on the GBP/USD 4-hour chart, suggesting a potential upward movement. The pattern is expected to complete at the 886 level.

Prediction Details

Ticker
GBPUSD=X

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