MOVES Trading Weekly Outlook: USDILS: LongThe current UP MOVE on this pair has started since 4 days and no signs yet appearing for the next DOWN MOVE. Accordingly, we are bullish on this pair up to the prior top and will take any reasonable downside pullback 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 and price action. Longby maenshokriUpdated 3
Weekly Outlook: USDILS: Neutral looking for longsA first rejection has been seen at 3.44 but failed to trigger the green line whereby a retest for the 3.44 level is very possible taking into consideration the coming corrective down move on DXY. I will only join UP moves and not interested in any down moves on this pair.by maenshokriUpdated 1
Weekly Outlook: USDILS: Long soonThis pair is still not ready to buy, meantime, I do not recommend selling from this level as an up move might appear at anytime knowing that RSI is now under the oversold territory of 20. Still looking for sings to go long.Longby maenshokriUpdated 112
Weekly Outlook: USDILS: Long soonFriday's candle has printed a Higher High and this pair will, at east, correct back to the green line. Not ready to buy yet.Longby maenshokri222
Weekly Outlook: USDILS: LongFinally, price has reached to my buying level and forming a reversal channel. I will start buying once one daily candle prints a higher high and a higher low. I am not using a stop loss for this pair at all. Good luck.Longby maenshokri5
Weekly Outlook: USDILS: LongFriday's candle was a good and a strong candle clearing the Thursday's candle high. This level could be the bottom for this pair and an impulsive up move might be starting. Retesting the green line is the first target and I will not use a stop loss for this trade.Longby maenshokriUpdated 223
USDILS road mapwe are currently "attacking" big support zone couple of times and that means we are going to break it UNLESS a false break ( v-shape) will accure and then a sharp up swing is possible. + since we had last false break swing from above then i'm bearish for the moment. in any case, there are magnet zones marked - those need to be hit without many retrace after a break down or up. Shortby uriyaz113
Weekly Outlook: USDILS: Long SoonNo reason for me to short this pair near to the bottom. I only look for buys from bottom. You may buy once you see any rejection from the bottom.Longby maenshokriUpdated 226
Harmonic analysisIn view of the weekly chart according to the Harmonic School of Analysis and taking Fibonacci Retracement of the waves since the beginning of 2018 and studying the nature of the movement and without ignoring the support, we can expect that the trading will take form of Harmonic Pattern, where two conditions have been achieved so far and we are waiting to achieve the third , as the Fibonacci Retracement of wave B and wave C have met the theoretical conditions of the model of the Shark Pattern condition. and we wait to achieve point D To the targets specified in the chart Especially if the pair of USD/ILS in the case of change of direction continues for a long time before reversing (if we confirm that the price reversed the trend from the upside to the downside) Also we are expected to be in front of double top pattern in point A and Point C ,This model also supports the downside Educationby AhmedMortajaUpdated 114
Weekly Outlook: USDILS: LongI wish price could move lower to capture a long trade from the extreme bottom as per my analysis for last week, but seems that the Dollar's up move for the past two trading days has ended my wish. The plan is to go long on this pair as long as price prints higher highs and higher lows on the daily candles. We will take profit once a lower low is printed. Shorting USDILS is not on table for now. Stop loss is 3.5730 if you can afford it, otherwise do not take this trade.Longby maenshokriUpdated 5
Weekly Outlook: USDILS: ShortWe have successfully expected a down move for this pair last week and here we go. Pay utmost attention at the support line for a possible reversal. Stop loss is 3.61. For me, I will look for a bullish move from the support line up to the prior top at 3.78 as a long term trade.Shortby maenshokri4
Weekly Outlook: USDILS: ShortIt is very possible that price has topped on Friday and would move down for this week. Stop Loss is 3.3670Shortby maenshokriUpdated 3