Get started

Bist30

GUBRF Turkish stock In my opinion,Gubrf even if it makes new highs it seems like an under correction...Which in this case it seems like a big Flat correction,in this particular case wave A of the Flat also a flat itself...If that scneraio proven itself correct than it's a huge think...Many people belive small traders get caught up in the downside corrections by manipulations but i don't see it that way.. There are multiple patterns in EWP which repeats itself over and over again...We will see if my analysis is correct or not,i expect a 5 wave move down stongly after it completes wave B of the flat... The other scneraio is that is not a flat but WXY correction means again move to the downside but the difference is it will not go down in 5 waves but 3... Any case people should pay attention those scneraios.
BIST:GUBRF
by ey010
BIST30 (USD) Monthly: Head & Shoulders Confirmed? Neckline RetesType: Bearish The Turkish Stock Market (BIST30 or XU030), when viewed in US Dollar terms on the monthly chart, presents a textbook Head and Shoulders (H&S) topping pattern. We can observe the Left Shoulder, a higher Head, and a lower Right Shoulder, indicating waning bullish momentum at the peak of what has been a significant rally. The fact that this pattern is forming on the monthly timeframe underscores its long-term significance, suggesting a major structural shift rather than just a short-term correction. The Neckline Break & Retest: Crucially, the BIST30 (USD) has recently broken below its multi-month neckline, a key support level that connected the lows between the shoulders and the head. This breakdown served as the initial confirmation of the H&S pattern. What we are witnessing now is the classic retest of this broken neckline. Price has rallied back towards this former support, which now acts as strong overhead resistance. This retest often provides a 'last kiss goodbye' before the larger bearish move unfolds. The market's reaction at this retest level will be paramount. A strong rejection from the neckline, potentially accompanied by increasing bearish volume or bearish candlestick formations on lower timeframes (e.g., weekly), would further validate the H&S breakdown and strengthen the bearish outlook. Potential Price Target: Based on the classic H&S methodology, we can project a potential price target. By measuring the vertical distance from the peak of the 'Head' to the neckline and projecting it downwards from the breakdown point, we derive a preliminary bearish target around 220 USD for BIST30 (XU030)
BIST:XU030Short
by synsvki
1
#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
BIST:XU100Short
by ugurtash