ilmscore | Prediction Details
"so here's a trade that we're currently in on the new zealand dollar sorry to blind you with the white charts but that's just where i have all this analysis done let's go ahead and go through step one step one is what identify trend and structure let's identify the trend here it's it's not that it's not that hard on this one right definitely a downtrend we've had a waterfall on the new zealand versus the dollar lately so we have a downtrend we know that trend check it off structure levels we want to pay attention to now looking at this the structure level i would normally pay attention to would be at least up here because that's a bit more of a bounce up than this was but let me explain why i used this level instead i did look left this is technically the latest support level that was broken in this downtrend so with that being the case i do have a reason to see it as a recent level of support"
By The Trading Channel (The Trading Channel) | December 3, 2021 | Pending
From video
Price Action Trading Was Hard, Until I Discovered This Easy 3-Step Trick... 00:19:34 - 00:20:26
Interpreted Prediction
The speaker identifies a downtrend on the New Zealand Dollar and selects a specific level as a structure level because it's the latest support level broken in the downtrend.

Prediction Details

Topic
Forex Trading Strategy

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