ISL - H1/H4 Analysis - 01-03-2023
From the low, we have already seen five bullish waves, which indicates a trend reversal. A running flat in blue wave 2 follows this five-wave cycle. Running flats are the strongest patterns for trend continuation. It is advised for buyers to keep onto their positions, and after the break above the dotted line, additional volume might be added.
Stops must be taken into consideration below 36.88. Targets will be managed over time.
