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CompositeTrader

BIST 100 Price Action Analysis | Trend Reversal Opportunity

Long
BIST 100 Index (BIST:XU100)  
CompositeTrader Updated   
BIST:XU100   BIST 100 Index
Trend Analysis Chart Patterns Technical Indicators BIST bist100 xu XU100 indice Indices index stockmarketanalysis turkey
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trendanalysis chartpattern indicator bist bist100 xu xu100 indice indices index stockmarketanalysis turkey
Turkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity.

Entry: 88500
SL: 83400
TP-1: 98900
TP-2: 103900
TP-3: 108900
R/R: 4

‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices. ‬
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