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ISRAELI SHEKEL / U.S. DOLLAR

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ILSUSD trade ideas

MOVES Trading Weekly Outlook: USDILS: ShortA trade WITH the DOWN TREND (Price failed to break up the green and red lines). The current DOWN MOVE on this pair has started since 1 day with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
Short
by maenshokri
MOVES Trading Weekly Outlook: USDILS: LongA trade AGAINST the DOWN TREND. The current DOWN MOVE on this pair has started since 8 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair down to the prior bottom and will take any reasonable upside pullback to sell, however, I am not looking to short this pair as I believe that Shekel is over valued and should turn lower in near future, therefore, I will look to buy this pair near the prior bottom. Today is not the right time for buying USDILS. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
Long
by maenshokri
MOVES Trading Weekly Outlook: USDILS: LongA trade AGAINST the DOWN TREND. The current DOWN MOVE on this pair has started since 3 days and the short term moving average has started to become flat (stable) which means that the DOWN move is about to finish. Accordingly, we are bullish on this pair up to the green line and maybe to the prior top and will take any new lower low on daily candles to buy. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
Long
by maenshokri
MOVES Trading Weekly Outlook: USDILS: Short(Be Careful) A trade AGAINST the UP TREND. The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair up to the prior bottom and will take any reasonable upside pullback to sell. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
Short
by maenshokri
MOVES Trading Weekly Outlook: USDILS: NeutralA trade AGAINST the UP TREND. The current DOWN MOVE on this pair has started since 5 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair up to the prior bottom and will take any reasonable upside pullback to sell, HOWEVER, I still believe that this pair should move to the upside and looking for the current MOVE to fail after crossing the green line. MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
by maenshokri