EmoteK

EmoteK

As can be seen in the graph, Gold seems to form an upside-down Shoulder-Head-Shoulders formation over a very wide time interval. In such a case, if the $ 1670 levels, which it has been recently supported, will form the Right Shoulder, we can see the first target of $ 2180 and then the target will be $ 3000 because of the formation target. However, as a...

EmoteK

As can be seen in the chart, there is a great squeeze in both prices and RSI. This is a bit scary of course ... This tightness can continue up to the level of 2200$ or even 2400 $, but then we think it is very likely that we will see a big selling pressure for both the relaxation of the indicators and the completion of the technical formation formed by the...

EmoteK

There are two channels in a row on the chart. One of them is the Fibonacci Channels, while the horizontal ones are the Fibonacci Retracement. The overlapping point of these two channels is 1.93% and we predict that we will reach this point in a short time. Of course, we don't say this just by looking at the lines on the graph. With the latest incentive...

EmoteK

As can be seen in the graph, after the pandemic, it collected rapidly and it seems that it will continue the rising wedge movement to the end. If the targets for the future will not be 4000+, we can see a very sharp decline as a result of the rising wedge formation from here. In this sense, it would not be wrong to expect the prices to fall back to 3000 levels...

EmoteK

For the time being, the pair has just past the middle trend of its rising channel and has touched its falling trend. (+) 1.17 level will be the target for the future. Apart from that, 1.20-1.21 levels should be followed if the price wants to touch the upper point of the channel. (-) However, if prices come back from here, 1.12 will be a significant boost...

EmoteK

Prices have been in a squeeze for a very long time ... The last days of this scramble will be like the middle of June. Prices will probably decide which way to go by this date, Up or down? In this sense; It is worth watching the 1840-1890 band for prices that are supported by the 50-day exponential average. However, we would expect prices to hold on to 1690 and...

EmoteK

We expect a decrease in PALM and there are 3 reasons for this; The first of these is that we believe that Shoulder-Head-Shoulder formation occurs in PALM. The second reason is that the 70.10.10 Stochastic Indicator intersects from above. The last reason is the large Negative Mismatch on RSI. As a result, we expect the prices to decline to 2500 levels in...

EmoteK

The index may want to touch the Fibonacci 1 channel again if it can break the burgundy resistance with its horizontal resistance. In this case, too, the target will be 3400 levels. However, this could also be the endpoints for the rise. Prices may come in contact with the Fibonacci channel 0.726, seeking to realize the rising profits after COVID-19. It contains...

EmoteK

The pair is currently stuck between the Fibonacci channels and the two major trends. If the falling trend with the 0.382 Fibonacci channel is not broken, we can see 1.41 levels again. However, if these prices break these trends, the target will be around 1.20. It contains only personal views and opinions. Does not contain legal investment advice ...

EmoteK

The pair has been moving on the Fibonacci channels that it has created for a long time, and has touched a Fibonacci 0 channel again from last May. From here on, we can obviously expect an uptrend. However, it must first break the falling trend line. If prices break this trend, we can see 1.24 first and then 1.36 levels. However, if the falling trend line is not...

EmoteK

The British index is in a complete impasse due to concern over the second wave of viruses. If the index can throw itself back into the green rising channel, things will get better for the kingdom, but if the falling channel is stronger it can retreat back to the lower horizontal support. Only personal opinions and ideas. Does not Include Legal Investment advice...

EmoteK

In dollar terms, the Turkish Banking Index is in a long-term squeeze. With the new works that started to arrive, albeit late, after the Lira's compression, we can see that the index can throw itself back to the upper band at the end of 2020 and at the beginning of 2021. The estimated return on a rise up to horizontal resistance will also be over 200%... ...

EmoteK

The buying wave that started as a result of a big sales wave and central banks giving the market plenty of money seems to have carried the index to its old peak. The fact that it has reached these points without any correction is a bit thought-provoking, as the markets normally move in volatility (ups and downs coexist). Therefore, if the index fails to break...

EmoteK

The index broke the short-term rising channel, with the rise of the second wave sounds in Europe. Although countries do not want to close their economies, this risk seems to exist for investors. In this case, in the positive scenarios for the index, the pre-pandemic peak may be the bullish target, whereas, in the fall, it can return to the fib 0,618 level it...

EmoteK

With the index that started to rise after the abundant money support given to the markets after the pandemic, we saw that this stock's price could rise to the level of fib 0.618. After this situation, the price seems to be between the rising trendline and the fib 0.382 level for now. If this continues and acts as a rising triangle pattern, the price may reach...

EmoteK

The index, which continues to rise with the reaction following the fall after Covid-19, is still following its rising channel. However, it has not broken the downtrend, which is shown in red. Will it be able to test 24600 levels by breaking its downtrend in August with support from its moving averages or will it return to 20700 levels? Only personal opinions...

EmoteK

If the Reds win, we can see that the prices have increased for many years. However, if the Blues are stronger then it is a fact that the prices may drop further. May the best win... Only personal opinions and ideas. Does not Include Legal Investment advice...

EmoteK

Prices are moving in a narrowing channel. If the prices can be permanent with the trend support passing through the middle of the channel, the target price will be between 67-63. If they cannot be permanent in trend support, they can retreat and contact the bottom support of the channel again. Only personal opinions and ideas. Does not Include Legal Investment advice...