Based on the available data, we can consider that the price has reached a point of completion according to the Elliott Wave theory, along with supply and demand analysis. Currently, we find ourselves in the fifth wave, which may end at any time. It is important to note that there is a possibility of a sharp drop that could affect the overall direction of the...
I don't think the price will go above the monthly resistance level
as say before look for long and buy not selling until hit the ressitent level and see what happend not a fininaial advice just sharing my analysis
Take a chance and seize it from 2 day waiting for a sell signal that my analysis
The price retested the broken rising wedge and was unable to continue the bullish trend. I expect the price to retest the support areas at 3.54 levels If this level is broken, a head and shoulders pattern will be formed, which will make the price continue to fall to retest 3.36 levels as a target for the pattern.
Based on recent price action, it appears that USDILS may be primed for a bullish move. The USDILS chart has just closed its first monthly candle above a long-term downtrend trendline that has been in place for more than 20 years. This is a significant technical development that suggests a major shift in the currency pair's direction. With this in mind, a...
hi every one complete pullback to the trendline with 4% profit Potential The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by...
welcome everybody On the long time frame and in the final upward channel the chart is moving in a large upward channel There seems to be a sign of overbought in the areas of 3.70-3.75 We have reached the ceiling of the price channel (3.75), and it seems that we are unable to breach this area Therefore, the possibility of a decline will be stronger than an...
FOREXCOM:USDILS : The dollar will correction to viste the green line , this position to sell dollar now against the shekel after to visit 3.5 zone
Technical analysis of a pair(usd/ils) We wait for the confirmation and retest candle, then enter into buying or selling..!
I wanted to update you on my expectations for the USDILS over the next three months. Based on both technical and fundamental analysis, I believe that the recent high of 3.717 may be the peak for the year. After adjusting the trendline, I anticipate the rate to reach 3.565 by mid-April, with the possibility of a slight correction above this level or a direct...
Analysis of shekel dollars The chart is moving in an ascending channel There seems to be a sign of overbought in the areas of 3.50-3.69 We have reached the ceiling of the price channel (3.70), and it seems unable to breach this area Therefore, the possibility of a decline will be stronger than the expected drop to the region (3.50). 30% chance of going up 70%...
The price is trading inside the ascending channel and fell from its upper boundary If the price continues to trade in the same way, we will target the lower border of the channel
If the price exceeds 3.56, the first target is between 3.61 -3.68 The second goal is 3.75
The price has reached the upper boundary of the channel, we are waiting for the lower boundary to be touched
Historical view: USDILS has formed Three Rising Valleys , which is a bullish pattern reversal , but, a Falling Wedge that arose in the scene made that pattern invalid, so, the good news was that the Falling Wedge is also a bullish pattern reversal , and that time it didn't invalidate and the arising confirmed. after the rising that followed the Falling...
For more than 600 days(that's 2 years approx.), USDILS was on a huge downtrend, this is a very long time to be on the downside, so, after that we saw a little bottom that reversed the chart. In terms of the present, it formed a pennant which makes us expect upside movements. Disclaimer: always DYOW, stay cautious, and trade your own personality.