not investment advice! In 2019 it fell out of the channel and in 2022 it returned to the ascending channel.. it's a bull trap :)) I wonder where it will go in the rising canal by 2028.. We know it will reach the neckline... and then what? 1gr or 2,9gr :)) BIST_DLY:THYAO/FX_IDC:XAUTRYG
Turkish Airlines or officially Türk Hava Yolları Anonim Ortaklığı is the flag carrier of Turkey. As of 2022, it operates scheduled services to 340 destinations in Europe, Asia, Africa, and the Americas, making it the largest mainline carrier in the world by number of passenger destinations. Potential bull flag technical formation.
Expect to see two possible targets at the south and then a sharp move to the north. Trend to be followed on previous thyao idea which is linked below.
Two expected return zones are marked for THYAO, short term target is TARGET 1, two mid-term targets are TARGET 2 and 3. TARGET 3 has the lowest probability.
This is a monthly chart. - Last candle - Overbought RSI - Inconsistancy in RSI - How far from EMA200 whispers something in the chart. TP 156.4 Follow latest high to stop.
In any case, corona would hit Turkey, this one will drop below 1.3$ dolar/turkish lira would be up to 6.84-7.2TL( average 7TL) 1,3*7TL=9,1TL, my entry for Long
Best works in 1-5-15 minute chart. Intented for scalping. Can open trades in both ways. after closing position on resistance/support , you can open opposite position at same level , and profit both ways.
Turk Hava Yullari 4H Long Pennant pattern Buy at = 140 Tp1 = 143 Tp2 = 146 Tp3 = 149 Tp4 = 151.6 Sl = 137.1 $$$$$$$$$$$$$
AB=CD it was a measured moved which has been done. IF THY share will go UP or DOwn we need to see FIB level 1.618 potential buy if not SHORT
THY have a huge bearish divergence. I think it will hit around 16-18 Turkish Lira. Cycle is done, it has to retrace to gain power to another bull-run.
6 USD level is the critical level. Expecting consolidation at this point onward.
strong uptrend after break consolidation zone. We have now return candle with a good wick and a red candle that give us a signal for the beginning of the downtrend. In addition to the stochastic indicator that paves way for price After the strong uptrend. If you like my idea don´t forget support. Thanks.
THYAO seems to be one of the greatest long options in XU100 and against XU100. One should remember only airlines carrying Russians are Turkish Airlines, and Russians are only able to go Turkey for summer vacation. Stop is tight, TP is around %50 up. This is a good trade opportunity.
A long term THYAO graph. Sure there can be a perfect breakout, but I bet for a short now.
After big fall yesterday, we're ready to go to close the gap in short term. TP 28.1 SL following trend line
hello, As you see here according to my chart pattern analysis, i see that that scenario is strongly possible and it combines the present circumstanses of world conjoncture. so as i used to say i do not have a cristal ball predicting markets' future but i try to be more effiecient and more rational. good luck