MOVES Trading Weekly Outlook: USDILS: Short
A trade AGAINST the DOWN TREND (be careful).
The current UP MOVE on this pair will end within 1 day to start the next DOWN MOVE. Accordingly, we are bearish on this pair back 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.
The current UP MOVE on this pair will end within 1 day to start the next DOWN MOVE. Accordingly, we are bearish on this pair back 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.