What to expect from bis on a downward breakIn USDTRY weakly graphic of BIST100 index as it is shown, if the index break down the recent head and shoulders resistance level it may easily go to 150 in USDTRY basis.
Bist100
"BIST100: Triangle Signals 20-25% Drop"BIST100 (XU100)
In the monthly Cash Data, we see that a Reverse Neutral Triangle has formed and the post-pattern movement (the downward movement after wave-(e)) has also confirmed it and it seems that BIST100 is preparing for at least a 20-25% correction.
If the beginning of wave-(b) is broken, i.e. the number 7189, the correction of this index can continue to 5705.
Technical Analysis of BIST100 Index: Examining Trends and PriceIn this technical analysis, we have examined the Istanbul Stock Exchange Index (BIST100) with a special focus on trend lines and price channels. By precisely drawing trend lines, price channels, and linear patterns, key support and resistance levels have been identified. This analysis, using a simple approach without complex tools, provides investors with a clear perspective on the potential future movement of the BIST100 index in the near future.
xu100XU100 is in contact with the upper resistance of the wedge it entered in December 10. I think it will decline to the lower support, but the target is to return to the 11,000 level with the wedge break.
Narrowing deviations ---> increasing expectancy (close @10.000)
Navigating around white lines: bad idea to think about bearish market
Slowing pace of weekly gains: good idea to support bullish outlook
Approaching bullish market: expected before Q4
Strengthening alpha coefficient: 15.000 in ramge
Short, target 51Following weekly chart.
I got a short signal from my power indicator.
Also as I can see on the chart, it couldn't reach to new highs
TP1 62.55
TP2 56.90
TP3 51
Stop above 67.65 weekly candle close.
Short time, target 9000Bist, following weekly chart.
I got a short signal from my power indicator and my targets will be finonacci levels.
TP1 9400
TP2 9000
SL 9870 above, you can stop, but I still prefer t o stop above 10200
Not enough lows amid friction dense marketsRate of return is still bullish but rate of friction is bearish. This lead to stronger bearish market to normalize returns.
Probable correction of bist100 ( Xu100 )#bist100 index has formed an " evening star " candle pattern and this is the probable signal of downtrend. I drew probable bounce zones on #xu100 ( #borsaistanbul ) chart. Blue way, the W bounce seems more probable for now. Not financial advice.
Target 63.1Following daily chart and got a long signal from screener
TP 63.10
SL close under 58.45 candle close. Rice RR ratio.
#XU100 düşüş başlıyor mu?#XU100 1D grafik;
Bist100 grafiğinde ilk göze çarpan RSI tarafındaki uyumsuzluk
Yılbaşından beri 7 aylık bir yükseliş trend çizgisi üzerinde nizami hareketine devam ediyor ve yeniden destek bölgesinde
Bu desteğin bir kez daha çalışacağını düşünüyorum ancak bu kez zayıflatacaktır
Akabinde tekrar bu desteğe geri dönüp burayı kırdıktan sonra retest ile birlikte aşağı yönlü bir harekete başlaması sürpriz olmaz
Bu seviyeden yaklaşık %22 aşağısına kadar düşmesi ihtimaline karşılık harmonik bir yapı da mevcut. O seviyelere kadar düşer mi orasını göreceğiz.
#bist #bist100 #bist30
AEFES/TRY potential bull flagTECHNICAL ANALYSIS
Bull flag might be forming in the 4 hour chart.
Volume has ben decreasing since entering the pattern.
MACD on the 1 hour chart might turn positive soon.
RSI on the 1 hour chart has a bullish divergence and a triangle pattern.
I expect a move in the next couple of days probably before 31 July.
AEFES is probably in an accumulation phase before going upwards again.
Target price is 385TRY if a breakout happens.
Traders need to be careful because the daily MACD is still in negative territories.
Watch out for potential breakouts from the pattern.
FUNDEMENTALS AND NEWS
AEFES will share its Q2 balance sheet on 8th of august. It is expected to be positive.
AEFES has factories in Russia. Ukraine and Russia might agree to a peace soon.
My view: POSITIVE
Disclaimer: This isn't financial advice.
XU100.USDWhen I examine the investment plans of international companies in Turkey, I can see this graph more clearly, its wanting to return to the upward trend.
CIMSA 1D | The Green BoxCIMSA 1D | The Green Box
It seems that we’re going down a bit because of recent interest rates in Turkey and it can continue to pullback as I think during the election period. If the price will continue to rise up, it is important to be reclaimed the purple box above. If this happens, my first target can be the median line of the Pitchfork.
Chart Hi-Res link:
Ttrak (Türk Traktör) Flat CorrectionThis could be one of the strong possibilities out there...
Don't know what could be the factor or news but after comleting last up move to finish wave B of a flat we can expect strong impulsive C wave to complete Wave 4.
Turkish Stocks... Time to Short?/obviously yes/Simply get out from the Turkish stock market on the next up...
All of the stocks on the market will have min %50-%70 correction.
Don't fall into the trap of manipulators. Unempleyement will go up . Companies will have to pay their depts... 💩 news are loading. Buckle up.
I will update the idea as it hit the bottom.
This is not a financial advice do your research and take the risks accordingly...
THYAOnot investment advice!
In 2019 it fell out of the channel and in 2022 it returned to the ascending channel.. it's a bull trap :))
I wonder where it will go in the rising canal by 2028.. We know it will reach the neckline... and then what? 1gr or 2,9gr :))
BIST_DLY:THYAO/FX_IDC:XAUTRYG
#XU100 #bist100 figuring out something like this...300 dollars is an important physchological resistance. If BIST:XU100 does not able to break, i marked the retrace zone. The situation is bullish now.
NOT FINANCIAL ADVICE.
#AHGAZ seems to be bounced in short termBIST:AHGAZ 's bounce may give a buy opportunity in this zone.
NOT FINANCIAL ADVICE.
BIST100 - Backtest the break out and continueBIST100 got a nice rally with the improved relations with US. There is a resistance for the short term at 8515 (Monthly second pivotal resistance level). RSI is also showing a bearish divergence. The index may want to test the previously broken channel. Then, with the election environment and the positive relations with US and NATO, we may see the continuation of the rally.
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