XU100 trade ideas
Did The Stock Market Correction Vanish or Is It About To Happen?Did The Turkish Stock Market Correction Vanish or Is It About To Happen?
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
XU100 (BIST100), GUNLUK TEKNIK GORUNUM, YTDCritical support and resistance levels indicated in the graph for XU100.
BIST100 XU100Fib 0.618 seviyesine ulaştı. Bir duraklama ve geri çekilme olabilir. Hisse alışlarında temkinli olmakta fayda var.
#BIST #BIST100 #ELLIOTTWAVE macro viewI foresee that (X) will return from this red area.
When (X) becomes clear, the true value of (Y) can be said.
BIST100 indexif ıt can't break the resistance I am expecting to fall to supports
Direnç bölgesini aşıp kısa dönem üçgeninden çıkamazsa orta vadede destek noktalarına düşüş bekliyorum
0,618 seviyesini aşamayan BİST100 bir sonraki seviyeye düşecek. ikili dip yerine daha aşağılarda bir seviye bekliyorum. bir önceki dalgasanın 0,618'ini geçemeyen bist bir sonraki extension seviyesine inmesini beliyorum.
BIST - BE CAREFULIn my previous ideas, which are hidden now becuase they are published in turkish to global community, I strongly mentioned that we were closing to profit realization and strong resistance area. It has happened now after we have seen pullpack through ascending wedge support that has become resistance now.
We will see a few dead cat bounces from local support zones for a while, which are highlighted with white lines, until we reach critical first support at 96.415 level. All major support lines are hghlighted with red horizontal lines in my analysis.
All higher timeframes starting from 4H seem to be very bearish now. If we cannot hold 96.415 level, we will most porabably retest lower lows for 94.579 and 89.122 major supports.
I extremely recommend not to open any position until we see a clear confirmation with 4H close.
Please see my hidden ideas as below.
