XU100
GARAN HEAD AND SHOULDERS BOTTOMSVolume confirms the formation. Prices can move above 10 after breakout. In any case Follow the uptrend for STOP LOSS
XU100 EW ANALYSISIncreasing trend line is around on 90K...
If we stay above 90K: TARGET => 145K - 150K
USD BASED XU100As I mentioned before the index reversed from double top. But the trend is still up. If the trend line cannot support from that point since the momentum is very strong, the index can form a ABCD pattern. or can find support from the lower trend line. All is possible.
xu100 -- megaphone formation in RSImegaphone formation in rsi yet the price action suggests a continuation of a healthy uptrend! difficult chart to play but lucky enuf the stops are real close... how do you trade the whipsaws?
TUKAS @ support level of lower channel- needs buying interest.
- may go up after holiday week.
- target: above 3.00
XU100 (BIST100) @ long term resistance- short run trend shows strong 110,000 resistance.
- long run shows retreat to 85,000-90,000 level.
Xu100 Usdtl Based Look..Overlay.
Here @ 3 $ resistance zone..
When we look it 2 years resistance..
Turkish lira based stock index weekly macd, rsi overbought and macd @ record levels..
But price is always important than indicators.
Good Luck...
