Let price tests the purple and blue lines and short it once fails.
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
After the Israeli shekel rebounded yesterday, bulls immediately stepped on their gas pedals to prevent the Israeli shekel from dragging the pair downwards again. Looking at it, the 50-day moving average is still below the 200-day moving average, suggesting that bulls haven’t actually prevailed yet. Although, it’s also worth noting that the two MAs are now close to...
The pair will break out from a “Falling Wedge” pattern resistance line, sending the pair higher towards a major resistance line. The US-Israel relationship is under pressure following the rise of Bernie Sanders, a Democratic 2020 US presidential candidate. Sanders, unlike other candidates, has been vocal about his concern on Israel and its leadership. He skipped...
This pair has tested the red trend line and failed to close above it last week. I expect that buyers will repeat their efforts to build more upward momentum and leave this bottom.
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.
The pair will continue to move lower in the following days toward its January 2018 low. Palestinian leader Mahmoud Abbas cut all its ties with the United States and Israel. This was after he rejected the peace plan presented by the two (2) countries. The conflict between the Arab and Jewish country started 53 years ago. This was after Israeli’s occupation of the...
A rejection has been seen on Friday without forming a Higher High (doji candle). Accordingly, I cannot advise for a Long trade on this pair as both directions are possible, however, watching Monday's candle can tell us if this pair will continue to the downside or will start its UP MOVE.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with...
A new low is expected.
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.
This pair is still falling under pressure with no signs for an upcoming UP MOVE.
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.
You can sell this pair back to the prior bottom and watch for further downside moves.
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.
You can long this pair. It has a good potential to the upside.
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.
