Considering that the index has crossed the support range, it is expected that the continuation of the downward trend will be formed until the specified support levels. In this case, a medium-term downward trend will probably be formed
According to the behavior of the price in the current resistance range, possible scenarios have been identified. A downward trend is expected. If the price crosses the resistance range, the upward trend can advance up to the previous ceiling range or beyond it.
Given that the price has crossed the 78.6% level, the recent bearish wave is expected to be part of a correction. It is expected that a trend change will be formed in the current support range and we will see the beginning of the upward trend. By crossing the support range, the above scenarios will become invalid
It is expected that the price will be formed in the current resistance range of the trend change and we will see the beginning of the correction process. By crossing the resistance range and the resistance trend line, the continuation of the upward trend is likely. If the price crosses the support range, it will be possible to start a downward trend
According to the structure of the corrective pattern, it is expected that the price will cross the resistance range and advance to the specified Fibonacci levels. If the price is not able to stabilize above the resistance range, a downward trend is expected to form until the support trend line.
If the price fluctuates below the current resistance range, it is expected that the continuation of the downward trend will be created by breaking the support range. If it stabilizes above the resistance range, the above scenario will be invalid
It is expected that the upward trend will change the trend in the current resistance range and the beginning of the corrective trend will be formed. Then, within the range of support levels, the uptrend is expected to
It is expected that after some fluctuation in the current support range, the beginning of the upward trend will be formed. By passing through the resistance range, it can advance to the resistance trend line
It is expected that the upward trend will end in the current resistance range and we will see the beginning of the corrective trend. If the price crosses the resistance range, it will be possible to continue the upward trend up to the specified resistance levels
Considering the recent rising wave, it is expected that the index will pass through the resistance range and influence above this range. In this case, the continuation of the upward trend will be more likely.
It is expected that after some fluctuation in the current support range, the continuation of the downward trend will form and advance to the next support range. If the price crosses the 50% level, there is a possibility of starting an upward trend
As long as the price fluctuates above the current support range, the continuation of the upward trend is likely. Otherwise, by crossing the support range, it will be possible to continue the downward trend up to the specified support levels
It is expected that the price will fluctuate in the current resistance range and then we will see the beginning of the correction process. If the price crosses the resistance range, it will be possible to continue the upward trend up to the specified resistance levels
It is expected that the downward trend will continue until the specified support levels are formed. Then, according to the behavior of the price in these ranges, possible scenarios have been determined
Considering the behavior of the price in the current support range, it is expected that after some fluctuation and bottoming, a trend change will be formed and we will see the beginning of the upward trend. If the price crosses the support range, it will be a sign to continue the downward trend.
After some fluctuation, the continuation of the downward trend is expected to form and the support range will be broken. Then it can advance to the next support range. If the stabilization is formed above the current support range, the upward trend will be possible according to the specified path