XU100 trade ideas
Double top formation strongly hinting a bearish BIST 100Apart from the double top formation; my observations supporting a bearish BIST 100 are:
Already broke the 21 and 50 day SMAs.
Broke the upward trend for RSI.
Targets:
1380-1420: 100 day SMA and %78.6 Fibonacci level.
1280-1300: 61.8% Fibonacci level and support from the upward trend starting March 2020. This will also likely be around the 200 day SMA, too.
1190-1210: 50% Fibonacci level and filling the gap from November 2020.
XU100 may corrected by 10 percent // BIST100 geri çekilebilir XU100 has two pick formations and it may fall by 10 percent.
It is not an investment suggestion. Please be carefully with your decision.
BIST100 çift tepe formasyonu yaptı ve desteğe kadar geri çekilebilir.
Yatırım tavsiyesi değildir. Lütfen kararlarınızı kendi değerlendirmelerinize göre dikkatlice alın.
BIST100 MONTHLY TREND ANALYSISBIST100 have a bullish trend for years and will be bullish for the following years as long as DAX30 stays long.
İyimser bakınca böyle, an optimistic point of view İyimser bakınca böyle, an optimistic point of view
XU100 at weekly resistanceWe are at the resistance of channel. There is a bearish engulfing pattern. I'm thinking of waiting until the lower support at around 140 usd.
BIST100 AYLIK KANAL BIST100 2007den gelen kanalın üst bandında. Dikkatli olunması gereken seviyeler.
BIST 100 BEKLENEN DUZELTME GELIR MI?KESINLIKLE YATIRIM TAVSIYESI DEGILDIR.
BIST-100 UN KASIM 2020 DEN BERI DEVAM EDEN YUKSELISINI TEMEL SEVIYE RSI VE FIBO ILE INCELEDIK
XU/100 BIST100 TURKISH STOCK MARKETIf it breaks the resistance line which comes from 2013, then it may goes to 275 (2000 in TRY). If not, it would return to 200 (1470 in TRY) at least.
I wish you good profit!
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XU100 BEARISH DEEP CRABHi all,
That is not investment advice,
channel and 1 month bearish deep crab pattern
Trader with care.
Harmonic trader.
