Overview:
Our comprehensive analysis on the ILSUSD pair over the 1-month frame indicates a significant corrective phase, following a notable rise from 24 to 32. The pair has undergone a WXY correction, with distinct characteristics in each wave, leading to a pivotal point in its trajectory.
Correction Breakdown:
Wave W: Developed in a regular flat form,...
Possible purchase opportunity in the Israeli Shekel.
I would expect to make a bear trap, and after a reversal confirmation, I would enter a long.
For now I think it's better to do nothing and just wait.