not 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
In the chart it' s clearly seen #bist price declined from kijun sen resistance. (Marked red)
#borsaistanbul is slowly approaching main target i gave in my previous ideas.
NOT FINANCIAL ADVICE.
Nearly a month ago i published ideas about #borsaistanbul and said the #xuindex was looking terrible. Search my ideas and find them. The correction is going on perfectly and now a leg is processing : the bearish retest and (if succeeds) confirmation of bearish shoulder head pattern. If this confirmation comes , the correction may target 6800 levels. The war is...
A mini relief rally has been played out after the war started in Mid East. I showed the resistances and support zones on the chart. Breaking the top brown box (resistance) upside is the invalidation. The thick yellow box is the main support zone for now.
NOT FINANCIAL ADVICE.
8193 değerine doğru yükselen bir hareket göreceğimizi bekliyorum. 8193 değerini sert kıramaz isek 7744 e dorğu sert düşüşler beklenir. Bu düşüş gerçekleşir ise endeksin döneceği ve zirvelerini yenileyeceği zaman 7744 den sonra olur.
Eğer 8193 görür ve kırar ise beklenti 8700 lerdir. Ve 8700 lerde yeniden değerlendirme yapmak gerekir.
Özel ekibimize dahil olmak...
Price action has recently moved up from the lower bound of the chart, however, given the current apprehensive sentiment among retail investors and the impending elections, it is unlikely that we will reach the upper bound of the chart in the near future.
15m chart:
On the weekly chart, according to my analysis XU100 has completed Elliot 5 way impulse move to the upside.
Now on the weekly period we will see a huge correction. There is also a very obvious weekly bearish divergence in the RSI.
A three move(ABC) correction will happen. It will last for months.
Short term long trades might be possible but buying for the next...
Prices are approaching to the cross of downward trend and horizontal resistance and also to 200 SMA. That doesn't mean that prices will fall in one day. That means, watch out something may happen and be conscious of your risk.
