alicanuz

alicanuz Updated 

As you can see from the chart, there is a nice Fibonacci lined up as the prices dropped down to the 0.76500, which is the 0.5 extension level, buyers came in and prices went up to the minor resistance-support area where you can enter your trade as a buyer if you missed the fibo levels. Take profit is the key level 0.78 which is a major resistance area and also the...

alicanuz

Prices have come to the major area (1900) after a big fall, it is a good opportunity to buy as the bullish trend line and support area is together in this area. Take profit target is 2000 which is the next major resistance area.

alicanuz Updated 

As mentioned in my previous analysis GOLD is trying to follow a new bullish trend line and now trying to pass the strong bearish trend line and also the major resistance area of 1900. As if know the bearish trend line seems to be broken and retested so I would consider opening a long position keeping my stop-loss beneath the bullish trendline and take profit at...

alicanuz Updated 

VKING stock has a good fundamental background and the owner is one of the richest families in Turkey. The company produces paper, mainly kitchen papers and paper towels which has good sell potential in the time of pandemia. Technical analysis shows a fine bullish trend starting from march. The main support and resistance areas which are now being active are 5 and...

alicanuz Updated 

As euro retests the major support area (1.22500) this must be a new long opening option take profit at the next level which is 1.24 flat and stop-loss a little far away around 1.22250 beneath the bullish trend line.

alicanuz Updated 

Gold has reached a level where the price cannot decide whether it should follow the bullish or bearish trend. My idea is, it will get out of the big bearish move and continue with the bullish movement but still, it can be a risky position, keeping your stop loss close should be your strategy before opening a long position. You can eider take profit at major...

alicanuz Updated 

1.22500 a major resistance level has been passed and retested, it is an opportunity for a buy option with a target of 1.23250.

alicanuz Updated 

0.76 a major resistance has been passed and a retest followed, bullish trend line also has support take profit at 0.78

alicanuz Updated 

Gold has reached 1900 a major resistance area as well as the bearish trendline resistance so we should expect a downward movement here take profit around 1850 and if passed that level and break the minor bullish trend we can expect the bearish trend to continue.

alicanuz Updated 

As covid-19 news rises in Britain we see a big selling move and price coming to the bullish trend line support, if this line acts as a support open a long position with a take profit in the area of 1.35 a major resistance area. If this area is passed strongly, 1.375 can be the new target.

alicanuz Updated 

1.35 a powerful resistance area has been passed but the trend line has been another resistance so the 1.35 area is retested. İf 1.35 is broken downwards 1.325 will can be a good take profit target being a minor support and also the bullish trend line must be followed.

alicanuz Updated 

1.22 major resistance has been passed very strong. New target is 1.24 level but 1.23 can be a minor resistance also resistance of the trend line so take profit maybe in that area depending on the price movement.

alicanuz Updated 

A major resistance level has been reached breaking a minor bearish trend. Addition to the major resistance level of 1.35, there is also the bullish trend line resistance in place which gives a good option for short positions, take profit around 1.3250.

alicanuz

The market has reached 1400 points which is a major resistance level as well as the resistance line of the bullish trend. To remain in the trend channel it is a good short position, and expect 1200-1300 points for opening long positions again.