It is expected that after some fluctuation, we will see the continuation of the upward trend. If the index creates a new bottom and crosses the 78.6% level, the continuation of the downward trend will be likely
According to the behavior of the price in the current resistance range, possible scenarios have been identified. As long as the price does not stabilize above the 100% level, there will be a possibility that the correction process will continue
Considering the behavior of the price in the current support range, it is expected that the continuation of the downward trend will be formed according to the specified paths
It is expected that the price will fluctuate in the current support range and then the beginning of an upward trend will be formed. By passing the resistance range, it will be possible to continue the upward trend. If the price crosses the green support zone, the downward trend will continue
After some fluctuation, the continuation of the downward trend is expected to be formed up to the specified support range. If the price crosses the 78.6% level, the continuation of the upward trend is likely
It is expected that the downward trend will end in the current support range and we will see the beginning of the upward trend. According to the behavior of the indicator, possible scenarios have been identified
It is expected that the corrective trend will end in the specified support ranges and then a trend reversal will be formed. Then we expect to see the beginning of the upward trend
It is expected that the index will move according to the specified paths and then the beginning of the upward trend will be formed. The confirmation of the upward trend is the breaking of the resistance trend line. If the red support zone is broken, the continuation of the downward trend is likely
It is expected that after some fluctuation, the price will make a new ceiling and then we will witness the completion of the corrective uptrend. If the price crosses the green support range, it will be possible to continue the downward trend up to the support trend line range
According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that after the completion of the corrective pattern, we will witness the beginning of the upward trend up to the range of the resistance trend line. If the price crosses the red support zone, the downward trend will continue
It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed and it will advance to the specified resistance levels. If the price cannot stabilize above the previous ceiling range, the possibility of a corrective process up to the specified support levels will be possible
It is expected that the current corrective trend will end in the specified support ranges and we will see the beginning of the upward trend. Crossing the previous ceiling range will confirm the upward trend. Otherwise, with the failure of the 78.6% level, the continuation of the corrective and fluctuating trend is likely
The price is expected to follow the indicated path and advance to the indicated support levels after making a new bottom. Then there will be a possibility of changing the trend. If the price crosses the green resistance range, the upward trend up to the resistance range will be possible
It is expected that the corrective trend will change the trend in the current support range and we will see the beginning of the upward trend according to the specified path. By crossing the support range, the continuation of the downward trend will be likely