EURUSD Analysis for October 13, 2024In the daily chart, the Fibonacci levels I drew from two different lows have created a confluence. This area is also strengthened by a previous higher high (HH) and has become a demand zone.
The long wick extending downward indicates buyers' reaction to this price level. I expect an upward movement from here. However, before opening a trade, you might want to wait for bullish momentum to form on lower time frames.
Borsa
#XU100 düşüş başlıyor mu?#XU100 1D grafik;
Bist100 grafiğinde ilk göze çarpan RSI tarafındaki uyumsuzluk
Yılbaşından beri 7 aylık bir yükseliş trend çizgisi üzerinde nizami hareketine devam ediyor ve yeniden destek bölgesinde
Bu desteğin bir kez daha çalışacağını düşünüyorum ancak bu kez zayıflatacaktır
Akabinde tekrar bu desteğe geri dönüp burayı kırdıktan sonra retest ile birlikte aşağı yönlü bir harekete başlaması sürpriz olmaz
Bu seviyeden yaklaşık %22 aşağısına kadar düşmesi ihtimaline karşılık harmonik bir yapı da mevcut. O seviyelere kadar düşer mi orasını göreceğiz.
#bist #bist100 #bist30
Turkish Stocks... Time to Short?/obviously yes/Simply get out from the Turkish stock market on the next up...
All of the stocks on the market will have min %50-%70 correction.
Don't fall into the trap of manipulators. Unempleyement will go up . Companies will have to pay their depts... 💩 news are loading. Buckle up.
I will update the idea as it hit the bottom.
This is not a financial advice do your research and take the risks accordingly...
The #bist100 correction is not over yet #xu100In this #usd pair of #borsaistanbul chart, it' s clearly seen that the index is about confirm the last declination from red box. If index breaks this box up with huge volume and weekly closings , the invalidation may come.
But, to be frank, the price will likely visit the brown box according to my strategy.
NOT FINANCIAL ADVICE, this is only an education post.
#bist100 #xu100 is likely to continue the great correctionNearly a month ago i published ideas about #borsaistanbul and said the #xuindex was looking terrible. Search my ideas and find them. The correction is going on perfectly and now a leg is processing : the bearish retest and (if succeeds) confirmation of bearish shoulder head pattern. If this confirmation comes , the correction may target 6800 levels. The war is affecting all stock markets. But this correction was necessary , when there' s no war i said a great correction was at the door. Be careful with your transactions and #stocks .
NOT FINANCIAL ADVICE.