ilmscore | Prediction Details
"on the Aussie dollar we actually have the opposite situation as the one we were looking at on the New Zealand dollar... here on the Aussie dollar we're looking for the opposite of that we have a market that's been in a downtrend and since being in this downtrend we've been creating impulsive moves this was also a really impulsive move down but now what we're looking for is this period of consolidation that you can see coming in here we still get a lower low so still in a downtrend here"
By The Trading Channel (The Trading Channel) | April 21, 2018 | Pending
From video
Tutorial - Ascending Channel BREAKOUT Pattern 00:07:09 - 00:07:48
Interpreted Prediction
The AUDUSD is in a downtrend, showing impulsive moves followed by a period of consolidation with lower lows, suggesting a potential bearish channel.

Prediction Details

Ticker
AUDUSD

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