ilmscore | [Forex education] Structure Based Trading EP: 6 (part 1) Potential trading areas

[Forex education] Structure Based Trading EP: 6 (part 1) Potential trading areas

Published: 2017-06-14
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Euro Dollar may reach 1.42 and present shorting opportunities.
"if the market does get back up to that 1.42 level then I'll be looking for shorting opportunities in the market there"
Euro Dollar
Pending
If Euro Dollar breaks and closes above current resistance, a pullback to 1.1227 may offer a long trading opportunity.
"if this Market does break and close above our current resistance level on this daily chart like so then I'll be looking for a pullback into our blue resistance level at 1.12 27 for my next long trading opportunity on the euro dollar pair"
Euro Dollar
Pending
Aussie Dollar had previously broken above a level, and a pullback to that former resistance (now support) was anticipated.
"after we broke Above This level we were waiting to see if the market could pull back down into our previous resistance that had then become support"
Aussie Dollar
Pending
Aussie Dollar broke out into new high prices.
"the market broke out into new highs"
Aussie Dollar
Pending
The speaker predicts that the market will trend with big moves up, followed by consolidation, and then another upside breakout, a pattern observed in the Aussie Dollar. This suggests an expectation of further upward movement after consolidation.
"we have this very big move here followed by a period of consolidation and for those of you who have been a part of the trading channel for a while now you've heard me say this many many times but the market often times moves when trending and these big moves up followed by periods of consolidation and Then followed by another breakout to the upside"
Aussie Dollar
Pending
If the Aussie Dollar breaks above 0.771, the next resistance level to watch is 0.780.
"if we break above that level then our next level of resistance we'll be looking at is the 0.780 area"
Aussie Dollar
Pending
If the Aussie Dollar breaks through its current support level, the next support level to watch is 0.752.
"we could also see this Market continue to push down and break through that support level and in that case we'll be looking for our next level of support down at 0.752"
Aussie Dollar
Pending