Harmonics & Fibonacci on Turkish Index

BIST:XU100   BIST 100 Index
In follow up of BIST:XU100 since Dec 25, 2022;

Previous analysis:

Latest Observations :

  • Harmonics Bat Pattern ; possible reversal zone around 3351;

  • Harmonics Gartley Pattern ; possible reversal zone around 3619;

  • Fibonacci on Turkish Index; index may stabilize around 3664-3500;

  • Bearish Divergence

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