maenshokri
Long

MOVES Trading Weekly Outlook: USDILS: Long

FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
A 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.
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