MehmetLok

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Markets Allocation
85 % forex 5 % indices 10 % other
Top Mentioned Symbols
EURUSD 60% | 12 EURAUD 5% | 1 XAUUSD 5% | 1 EURCAD 5% | 1
66 0 2
EURUSD, 240
Waiting a pullback and uptrend is very strong

Trump changed his mind and decided to want strong dollar but we all know he is just a politician so i think he will get his first wish in the long range but for know people's confused. Because of that i'm waiting a short term profit taking and a little short pressure. But this will not last much in my opinion. This week will be very volatile because of the ...

MehmetLok MehmetLok EURUSD, M, Long ,
91 8 3
EURUSD, M Long
Very long term for investment

When I look that old quarterly ECU and Euro charts, I have noticed that there is a working uptrend. If same movements will occur again we will see 1.8 levels in the very long term I think. Also we can see that similar monthly movements are continuing. The key point is technical analysis may not work in this very long date range. I will plan my trades with this ...

100 0 5
EURUSD, 240
Expecting a pullback

There is a bullish trend but price can't continue like this. All indicators are overbought and there is some bearish signs coming. So i'm waiting a pullback to 1.215 area. and then expecting bullish movement to continue

76 0 3
EURUSD, 60
first short and wait for a bullish sign.

I was waiting for a bearish move to 1.185 but that latest bullish candles carrying heavy volume and also they very tall. So now i'm waiting for a retrechment to 1.195 and i'll look for any bullish sign from this area.

119 2 3
EURUSD, 60
First long then short

this is not a trading advice i'm just trying to find out that clone patterns are really working.

MehmetLok MehmetLok EURAUD, 60, Long ,
71 0 2
EURAUD, 60 Long
short term long

short term long sl, tp is on the chart

183 0 6
EURUSD, D
A new update my short analysis. (again)

10 minutes ago i shared same analysis but when i look again i have noticed this big down tren channel. Maybe it'll not lasts that way but i think it'll be similar. My explanation that i shared before: There is an obvious head&shoulders pattern but it'll not work that simple. And also the down trend channel had been broken, so price will continue it's down way ...

61 0 2
EURUSD, D
an update to my short analysis

There is an obvious head&shoulders pattern but it'll not work that simple. And also the down trend channel had been broken, so price will continue it's down way on this descending trend, and after it will hit to the weekly ascending trend and will continue it's weekly rising way. I mean when we saw the head and shoulders pattern all of us had jumped in but price ...

39 0 1
EURCHF, D
Mid-range rising wedge

Generally it's a reversal pattern but it should be watched. There is an awesome divergency also. So probably it'll be a bearish correction. Fibonacci levels can be used.

MehmetLok MehmetLok USDJPY, 240, Short ,
88 0 4
USDJPY, 240 Short
Mid - Short term short

It's look like the weekly resistance (red) has worked and also there is a divergence between price and the momentum indicators. So, I'm expecting a mid - short term correction. My targets are in the chart. If there will be two candle close above the resistance then the formation will be cancelled.

153 0 4
XAUUSD, 60
everything in the chart

everything in the chart.

MehmetLok MehmetLok USOIL, 60, Short ,
193 0 3
USOIL, 60 Short
Possible short term correction, watch for a significant breakout

This is a significant diamond pattern. It is mostly a reversal pattern, but some conditions it can be a continuation too. So, watch and be careful in trade if you'll be short, because there's a strong up trend.

MehmetLok MehmetLok XU100, D, Short ,
130 0 2
XU100, D Short
Long range short

Will not fall right now. Be careful. Maybe rise a bit more. Temkinli olunuz, sadece gordugumu paylastim buna gore islem yapmayiniz.

MehmetLok MehmetLok EURUSD, D, Short ,
113 1 5
EURUSD, D Short
Everyting is clear

I showed everything in the chart. It will fall but in the long range (for traders).

68 0 5
EURUSD, 60
An update to my yesterday analysis

I'm updating my analysis I prepared yesterday, I draw price channel a bit wrong. Same as yesterday: Maybe an obvious head and shoulders pattern will fail. I hope it won't but dollar seems weak. If the neckline has been broken, the price will go to declining up trend line and maybe it will break this line too. Declining trend line is meeting 0.618 retrenchment of ...

34 0 6
EURUSD, 240
A bit complicated now.

I'm updating my analysis I prepared yesterday, I draw price channel a bit wrong. Same as yesterday: Maybe an obvious head and shoulders pattern will fail. I hope it won't but dollar seems weak. If the neckline has been broken, the price will go to declining up trend line and maybe it will break this line too. Declining trend line is meeting 0.618 retrenchment of ...

64 1 5
EURUSD, 240
On the way of 0.618

Maybe an obvious head and shoulders pattern will fail. I hope it won't happen but dollar seems weak. If the neckline has been broken the price will go to declining up trend line and maybe it will break this line too.

55 1 4
EURUSD, 60
not clear right now but it's rising

It is very complicated right now, but the dollar is very weak right now. So wait and see.

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