Bist100
Usdtry medium termFor #usdtry, which I think will interest everyone; On August 13, 2018, after the 3rd wave completed at 7.08 levels, we saw a triangle 4th wave movement. The buyer market, which started on November 1, 2019, will give an uptrend when it breaks the 6 TL level. I think that the 5th wave of rising in the blue zone where the sellers will come back will be completed. Possible movement is marked on the graph. I wish everyone a profitable week.
BIST 100 Price Action Analysis | Trend Reversal OpportunityTurkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity.
Entry: 88500
SL: 83400
TP-1: 98900
TP-2: 103900
TP-3: 108900
R/R: 4
Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.
The ideas published here are not financial advices.