USDILS trade ideas
USDILS - SHORTUSDILS we are bearish on the daily timeframe market has broke the uptrend with a strong impulse to the downside which has been followed by a correction to the 0.50 fib, now im expecting continuation to dowside and market to form a new lower low on the daily. We will be waiting on 4hr timeframe for market to break this counter trendline and form new bearish structure. If all other rules are met we will take this short.
USDILS good pattern on a DailyHi Traders,
This is my view on this cross for the next few days.
#USDILS
Waiting for a strong breakout of the structure and the retest of the structure itself to go long
SL few pips below the lowest low and TP on Risk to Reward 1:3
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
🏛ISRAELI SHEKEL WILL FALL FROM BEARISH WEDGE↘️SHORT🔥
☑️USD_ILS is trading in a textbook like bearish wedge
And while a move Up inside the wedge is still possible
I am expecting a bearish breakout and consequent move down
Until the pair finds support
SHORT↘️
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USDILS BUY (imbalance created) USDILS made an impulsive move - expect a retracement for entry, use top down analysis before entry
USDILS falling wedgeUSDILS still at deep bearish with falling wedge pattern.
we can see multiple time, this pair failed to break up 0.382 fibonacci.
Tradinng idea,
We can wait at 3.2713 to enter short position with target at support falling wedge around 3.1342
USDILS updateAt previous analysis we have bullish with target at 3.27
right now this pair reach resistance falling wedge.
a good idea to follow this pattern and aim for 3.12 as bearish target
Good luck
USDILS bullish swing to $3.43One of the limits for the year has been triggered by this instrument so I am long the currency pair. I typically close instruments based on weekly close so a weekly close below $3.2081 is my reason to close and potentially switch sides. This trade will be held for weeks once it goes into profit.
I got filled at $3.27153 with a SL of $3.10 with a target of $3.43
This is for entertainment purposes only.
Trading come with risk and you should consult a financial advisor for financial advice.
Bullish Gartley Forming on The Daily Chart USDILS- Bullish Gartley Forming on the daily chart USDILS
- Oversold territory
- Support at 3.35
- Resistance at 3.5
