After a prolongued rally, BIST, Turkish Stock Market is entering it’s bearish trend. The levels that are shown has to be followed as guide lines and obeyed if broken otherwise. The sentiment is bearish therefore I do not expect upper breaks to continue yet I expect they remain as bull-traps.
BIST is overbought on daily, weekly, and monthly charts. Who would've guessed that superinflation would be good or a stock market? LOL.
I think we are going into Wave 4 correction in XU030. I show the critical potential pivot points and where the whole impulsive wave may end.
i am waiting for a bullish trend with %23-25 profit - 31.01 - entered at 2228
BIST:XU030DZ2021 Is it time to take profit ? What is your idea about the BIST:XU030DZ2021 chart?
Will BIST 30 stop? Next week is time for short opening . BIST:XU030DZ2021
Trendleri takip ederek Viop30'da Al/Sat sinyalleri üreten bir sistemdir. Test aşamasındadır.
we spotted a extended divergance on RSI witch suggest trend contnuation ( drop ) if the price breaks the 0.618 of the fibonacci extention that its drawn above or the closest S/R zone to it and gives confermation we are exepting to have a drop untill the next specified support zones ( alert! always anlyse on you'r own we do not give signals ) additional notes...
very risky short idea based on bearish moving averages
can trigger a bigger move on the long run (maybe) so its better to be on the short side
macd + possible approach to descending resistance level
bulls are trying hard but they couldnt able to break fibo .61 so short can be tested with ascending support line in mind
if bulls resist, fibonacci reversal levels can be bull targets
I think the correction is over so I am expecting a new motive wave
#fxu030 breakout yaptı, şuanda pull-back yapıyor. Sonrası malum.