ilmscore | This Price Chart Secret Made Me A Pro Forex Trader...

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The speaker predicts that as long as the market stays above the previous higher low, it will remain in an uptrend and is expected to continue higher.
"unless the market closes below this previous higher low then i still consider this to be in an uptrend and i'm still overall expecting the market to continue higher"
Market Trend Identification
Pending
If the market breaks and closes below the lower low, it is a sign that the downtrend will continue.
"unless the market closes below our lower low what does that mean that is a sign that this trend will continue in the downward direction"
Market Trend Identification
Pending
Breaking above the higher high will signal a return to an uptrend.
"if we break our higher high we go back into an uptrend"
Market Trend Identification
Pending
Breaking below the new low will be considered an actual downtrend.
"if we break below our new low i consider that now an actual downtrend"
Market Trend Identification
Pending
A previously broken level of support is predicted to become resistance.
"the previous level of support that is likely to turn into resistance for this market"
Market Structure Levels
Pending
The previous resistance level, or the lower high, is a key structure level to watch.
"the previous level of resistance before our lower low or in other words our lower high"
Market Structure Levels
Pending
A previously broken level of resistance is predicted to act as support.
"the previous resistance that was broken is likely to become support"
Market Structure Levels
Pending
The previous high or higher high will act as a structural level of interest for future pullbacks.
"our high or our higher high whatever you want to call it right here would be our level of structure if the market pulls back"
Market Structure Levels
Pending
A specific scenario at a major level (previous lower high) is described where selling pressure indicated by an engulfing candle and a close below suggests a short trading opportunity, which was observed to lead to downside movement.
"once we get up there we look and see if we can get a trading opportunity here we have a big swing high it turns into an engulfing candle it's big and red we have a close below right beside it we're seeing selling pressure since we're seeing selling pressure at a major level that might be a time to enter the trade and as you can see this market took off to the downside from that"
Market Structure Levels
Pending