ilmscore | Prediction Details
"we know now that we have a downtrend we then get another pullback up we get a pullback down now in through here is what would confuse 90% of the traders they'd be like what does this mean it's this period of consolidation what do I need to do during this period of consolidation well that's a good question but what if I told you nothing what if I told you that right now we're actually still in an overall trend to the downside on the Eurodollar and the reason we know that is because we haven't broke and closed above this high and until we do so we know that we still have a statistical advantage for this market to continue down at least touching this level of structure before going higher and breaking above this resistance"
By The Trading Channel (The Trading Channel) | January 9, 2019 | Pending
From video
How To PROFIT In An Unpredictable Market (it's easier than you think) 00:03:55 - 00:04:36
Interpreted Prediction
Despite consolidation, the Eurodollar is still in an overall downtrend because it has not broken and closed above a specific high, indicating a statistical advantage for the market to continue downwards.

Prediction Details

Topic
EUR/USD

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