ilmscore | Prediction Details
"Here is another example of something that would be testable when I have all three moving averages lined up in a downtrend and the market pulls back but does not reach the 50 period moving average. And guys, you could write this down as notes and really test these strategies to see if they're profitable. But anyway, when this is the case and we have our moving averages lining up plus we have price action that has not touched the 50 period moving average. Now I look for breakout trades ascending triangle with a breakout to the downside."
By The Trading Channel (The Trading Channel) | August 22, 2016 | Pending
From video
How to use moving averages ( creating a trading strategy ) 00:11:37 - 00:12:09
Interpreted Prediction
A testable strategy is described where, if moving averages indicate a downtrend and the market pulls back without touching the 50 EMA, one looks for breakout trades, specifically mentioning ascending triangles breaking to the downside.

Prediction Details

Topic
Breakout Strategy

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