MOVES Trading Weekly Outlook: USDILS: Short

FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
(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.
Sep 16
Order cancelled: Price has moved 80 pips in our direction to the downside and bounced to the upside respecting the UP trend. Will watch if the prior top could be cleared by tomorrow or not.


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