By crossing the current resistance range, it will be possible to continue the upward trend up to the specified resistance levels. Further, according to the behavior of the index in the resistance ranges, the continuation of the upward trend is also likely If the price cannot stabilize above the resistance range, it will be possible to start the corrective process...
If the price crosses the green support zone, it will be possible to continue the corrective process up to the red support zone. Crossing the resistance range can cause the continuation of the upward trend
As long as the price fluctuates above the green support area, it will be possible to continue the upward trend up to the indicated resistance areas. Then, when the price reaches the resistance ranges, the behavior of the price in these ranges should be examined
According to the behavior of the price in the green resistance range, possible scenarios have been identified. If the price crosses the resistance range, the upward trend will continue. Otherwise, it will be possible to start a downward trend, which needs to break the support trend line
If the price crosses the 78.6% level, it will be possible to continue the downward trend until the next support range. Then the movement process will continue according to the specified routes
The recent bearish wave is expected to end at the current support range and the start of an uptrend is likely. Then, according to the behavior of the price in the resistance range, the continuation of the movement process will be determined
It is expected that the price will cross the resistance trend line and then a trend change will be formed and the continuation of the downward trend will be formed. Then, according to the behavior of the price in the range of 78.6% level, the continuation of the movement process will be according to the specified paths
It is expected that after some fluctuation in the current support range, a trend change will be formed and we will see the beginning of the upward trend. Otherwise, it will be possible to continue the downward trend up to the level of 78.6%.
The current uptrend has the ability to reach the level of 138% and even the previous ceiling. In this case, according to the behavior of the indicator, the continuation of the movement process will be determined. Crossing the green support zone will initiate a downtrend
Considering the price reaction in the resistance range, it is expected that the corrective trend will be formed according to the specified path. The upward trend can end in the specified time frame and we can imagine the beginning of the corrective or downward trend
As long as the price does not stabilize above the green resistance range, it will be possible to continue the downward trend according to the specified paths. The correction can be temporary and it can also progress to specified resistance levels and then a trend reversal is formed
Considering the position of the price in the support and resistance range, the possibility of changing the trend and starting the downward trend is more likely. If the price crosses the resistance range, the upward trend will continue
After the recent bearish wave, after some fluctuation and correction, a continuation of the bearish trend is expected to form to the specified support levels
According to the structure of the correction pattern, it is expected that the price will fluctuate in the current support range and then we will see the beginning of the upward trend. Then, to continue the upward trend, it is necessary to break the green resistance range. Otherwise, it will be possible to continue the correction process up to the previous bottom...
After the completion of the recent rising wave, it is expected that a corrective pattern will be formed and naturally it can advance up to the specified time limits. If the index stabilizes above the resistance range, the corrective and downward trend will be invalidated