Hitto_lupa

USDILS making an upward recover move

Long
FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
The chart reveals that a good uptrend movement is going to happen, as of Adam and Eve Double Top pattern has been formed.

In the past, we saw a huge decline from ₪3.56 peak to ₪3.40 bottom, then it been moving sideways until it made a little correction rise then been sideways run ending with another bottom, that formed Adam and Eve Double Top pattern.

It is expected to ascend again to ₪3.5 areas at least, and maybe hit a big peak.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.