XU100 trade ideas
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.
BIST100 TECHNICAL ANALYSIS 03122019Swing time ,during the consolidation it will respect a support level of 106.600 and a resistance level of 108.500 (target 110.000 if price break the resistance level of 108.507)
XU100_15mkirmizi fraktal yesile gore yapisal olarak farkli trend reversal sinyali olabilir ve total yukselis 3`lu kalabilir
XU100_1dwhen look at smaller time frame of the last ABC structure it does not look like impulsive imo so 5 wave last decline may come
BIST100 TECHNICAL ANALYSIS 271119I expect that ,trending upwards market will re test 107.000. after pullback.
BIST100 FORECAST & TECHNICAL ANALYSIS 201119 Trending upwards.The index needs a pullback and it should come soon.
BIST100 FORECAST & TECHNICAL ANALYSISMarket break the resistance and waiting for small pullback for confirm .I expect that ,market will continue to uptrend with small pullbacks.
XU100- Possible Reverse Head&ShouldersTurkish stock index BIST 100 seems like forming a reverse head and shoulders formation.
Target of this formation is first 88.500 which is the height of shoulder, and than 86.000 which is the height of head.
After completing this move, a great opportunity is to buy this index because prior to this correction, prices were around 120.000. For the last 20 years annual increase rate of this index is around 24%
XU100 BIST100 Head&Shoulders FormationWe can see the head&Shoulder formation hapenning on Turkish Index 100 (Bist100).
Targets of this formation is;
- 99840 and than 99110 relatively.
Increase in the USD/TRY ratio is approving this formation.
Xu100 DailyOn technical side,
1) There is a trendline which stands for 102.000 level support. If the price produces a round to this level,it may complete head and shoulder formation.
2) The major support line stands for 100.000 level. There is 50 day MA around this level. Index may find its boost from these levels.
Also,
Wolksvagen planted its first fabricate to Manisa Turkey. Very good news for Index.
