After the completion of the bullish wave and the short oscillatory correction that was formed, we saw the price rise to the level of 88.6%. According to the price behavior, several scenarios will be possible 1- Wave A has ended and now the price is fluctuating and correcting in wave B, and after the correction pattern is finished, the upward trend will...
It is expected that the recent downward wave will end within the range of the specified Fibonacci levels and we will see the beginning of the upward trend. If the price crosses the 138% level, a downward trend will be formed and the price may not be able to reach the previous ceiling range
Considering that the price has faced a reaction at the level of 138%, we are likely to witness a corrective and fluctuating trend. The corrective trend is expected to advance to the indicated support levels and cross the green support zone. If the price stabilizes above the resistance range, the above scenario becomes invalid
According to the recent downward wave, there is a possibility of starting a downward trend. Therefore, according to the behavior of the price in the support range and Fibonacci levels, it is expected that a trend change will take place and we will see the beginning of the upward trend. Otherwise, the continuation of the downward trend will be formed by crossing...
As long as the price is above the green support range, the upward trend will continue. By consolidating above the current support range, confirmation of the uptrend will be formed
Considering the reaction of the index at the level of 100%, it is expected that the correction of the trend will be formed, and by crossing the support range, the confirmation of the correction will be formed. If the index stabilizes above the 100% level, the continuation of the upward trend is likely
As long as the price fluctuates below the resistance range, it will be possible to continue the corrective trend up to the specified support levels. By fixing above the resistance range, an upward erosion trend will be formed
Considering the behavior of the price in the current support range, it is expected that a trend change will take place and we will witness the beginning of an upward trend. Then, the continuation of the downward trend up to the specified Fibonacci levels is likely, and if it crosses the 100% level, the continuation of the downward trend will be formed
TRX seems to be completing a large bullish triangle, which has now ended wave D and we have entered wave E of this large triangle. The green range is a good place to rebuy. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
From the place we entered "start" on the chart, it seems that our corrective diametric has started and now this diametric is over. This has been a large diametric for wave B which now looks like we have entered a bullish wave C. By maintaining the green range, it can move towards TP. Closing a daily candle below the invalidation level will violate the...
It seems to have completed a triangle and now the last wave of the triangle (wave E) is over. Target can be green box (flip range) Closing a daily candle above the invalidation level will violate the analysis. invalidation level : 0.1703 For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
According to the behavior of the index in the current resistance range, possible scenarios have been identified. The likely scenario is the continuation of the upward trend, and if a deep correction is formed at the 138% level, the blue path will be likely
Considering the recent upward wave, it is expected that the triangle pattern will be formed in the current support range. If the price crosses the 50% level, it will be possible to continue the corrective process until the next support levels. The corrective trend is expected to continue until the specified time frame
Considering the price reaction in the resistance range and the recent downward wave, it is expected that some fluctuation and correction will be formed below the resistance range. Then, if the price stabilizes above the specified support range, the start of the upward trend will be likely
It is expected that the downward trend will end in the current support ranges and we will see the beginning of the upward trend By crossing the support range, it will be possible to continue the downward trend to the next support levels
It is expected that the corrective trend will advance to the specified support range, then a trend change will be formed and we will witness the continuation of the upward trend. Crossing the 78.6% level will cause the correction process to take time
If the price changes from the 100% level, the upward trend will be blue color. Otherwise, the downward trend will continue until the next support levels and the specified time range