MehmetLok

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Markets Allocation
83 % forex 6 % indices 11 % other
Top Mentioned Symbols
EURUSD 55% | 10 EURAUD 5% | 1 XU 5% | 1 EURCAD 5% | 1
MehmetLok MehmetLok EURUSD, 240,
EURUSD: Expecting a pullback
66 0 4
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

MehmetLok MehmetLok EURUSD, 60,
EURUSD: first short and wait for a bullish sign.
73 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.

MehmetLok MehmetLok EURUSD, 60,
EURUSD: First long then short
118 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 ,
EURAUD: short term long
71 0 2
EURAUD, 60 Long
short term long

short term long sl, tp is on the chart

MehmetLok MehmetLok EURUSD, D,
EURUSD: A new update my short analysis. (again)
180 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 ...

MehmetLok MehmetLok EURUSD, D,
EURUSD: an update to my short analysis
60 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 ...

MehmetLok MehmetLok EURCHF, D,
EURCHF: Mid-range rising wedge
37 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 ,
USDJPY: Mid - Short term short
87 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.

MehmetLok MehmetLok XAUUSD, 60,
XAUUSD: everything in the chart
152 0 4
XAUUSD, 60
everything in the chart

everything in the chart.

MehmetLok MehmetLok USOIL, 60, Short ,
USOIL: Possible short term correction, watch for a significant breakout
192 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 ,
XU100: Long range short
93 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 ,
EURUSD: Everyting is clear
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).

MehmetLok MehmetLok EURUSD, 60,
EURUSD: An update to my yesterday analysis
67 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 ...

MehmetLok MehmetLok EURUSD, 240,
EURUSD: A bit complicated now.
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 ...

MehmetLok MehmetLok EURUSD, 240,
EURUSD: On the way of 0.618
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.

MehmetLok MehmetLok EURUSD, 60,
EURUSD: not clear right now but it's rising
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.

MehmetLok MehmetLok EURJPY, D, Short ,
EURJPY: EURJPY will fall in the long range
88 0 4
EURJPY, D Short
EURJPY will fall in the long range

My descriptions are in the chart. This is not an investment advice. Just my comments.

MehmetLok MehmetLok EURCAD, 240,
EURCAD: It should be watched
29 0 5
EURCAD, 240
It should be watched

If it breaks the neckline, 0,618 retrechment can be possible. It should be watched, if it doesn't break the neckline the chart can be a flag, and a continuation will be watchable

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