Depending on the situation of wars and elections, Borsa Istanbul will determine its direction.
In this plan, I determined the possible levels and stop loss levels of the Borsa Istanbul index in 3 different time periods in which I wanted to invest.
If you are planning to invest in the short term (1-3 Months), you can make partial purchases between 7680 and...
xu100 recently confirmed an inverted flag pattern and heading down to support zones shown on the graphic. Its an another bearish sign for the turkish stock market.
A mini relief rally has been played out after the war started in Mid East. I showed the resistances and support zones on the chart. Breaking the top brown box (resistance) upside is the invalidation. The thick yellow box is the main support zone for now.
NOT FINANCIAL ADVICE.
From P/E perspective: cheap assets and baskets (markets) are on target. We can expect bollinger band as reference to movements (a kind of threshold). Positive deviations from upper band may be expected
#borsaistanbul has breakout the local resistance in both #TRY and #USD pairs. According to USD pair. I marked the possible resistance targets where i expect strong correction when price reaches there. NOT FINANCIAL ADVICE.
1st target as per impulsive wave count is 9030. This will complete the first wave of the upper wave, for the second wave I expect to see a correction again down to 7800. Then the mid term target will be 14192 and 15231. Long term target is more than 17000.
8193 değerine doğru yükselen bir hareket göreceğimizi bekliyorum. 8193 değerini sert kıramaz isek 7744 e dorğu sert düşüşler beklenir. Bu düşüş gerçekleşir ise endeksin döneceği ve zirvelerini yenileyeceği zaman 7744 den sonra olur.
Eğer 8193 görür ve kırar ise beklenti 8700 lerdir. Ve 8700 lerde yeniden değerlendirme yapmak gerekir.
Özel ekibimize dahil olmak...
After a tremendous gain even in USD terms, Turkish Stock Market is concluding it's rally with a high volume pre-sale followed by a perfect Head And Shoulder combined with a Rising Wedge, confirmed with Directional Index and a magnificent bull trap. This is a perfect Short opportunity.
The correction we were waiting for came and BIST100 dropped to 7800 liras. With the subsequent rise, the index tested the moving average again, but as we expected, it was rejected and fell below the 8000 level again. Here, we think that the index will decline to 7500 lira levels, especially if it cannot hold on to the 7900 lira support. We do not think that the...
It is highly possible that we are in the correction phase of elliot wave. I would highly recommend myself to focus on the last support and resistance lines to break out to enter a position.
I expect XU100 to move sideways or test 0.786 fib level, if it doesn't break down it might continue and test it's current levels if it breaks down I'll be more bearish.
What do you think?
7800-8100 arasındayız ✅
USD bazlı YO ve 300$ 'da geldi ✅
Peki bundan sonrası???
8000 hatta 8100 üstüne atmalıyız ki 320$'ı deneyelim.. 7868 kaybedelirse bahsettiğim bölge manipülasyon-dağıtım olur, ayranlar dökülür büyük ihtimalle...
![XU100: Bist[XU100] Simple Investment Plan](https://s3.tradingview.com/m/mxEogCaO_mid.png "Bist[XU100] Simple Investment Plan")
