BIST100-Fundemental and TechnicalDiscoloration with RSI.
RSI also supports that the area in circle represents over-bought region.
There should be correction to 4300-4000.
YTD.Only for education. Not an investment suggestion.
XU100 trade ideas
BIST100-Formation setClear Shoulder-Head-Shoulder formation in 4h,
In general, indexes are more prone to manupluations unlike majors.
If there wont be a magical shot from somewhere, price might decrease until 4440 as a first step.
Only for educative purposes. Not an investment idea.
Oh sh... here we go again. Be careful.Oh sh... here we go again. Be careful with the long positions. There will be blood.
XU100Yukselen kanalin destegindeyiz, bakalim bu hafta ne olacak.. Ve onumuzdeki secime kadar..
Teknik hedeflerim olup YTD..
We are at he bottom of ongoing trnd.. We will watch this week and till the elections..
Technical analysis my own, shal not be credited as investment advise..
Harmonics & Fibonacci on Turkish IndexIn follow up of BIST:XU100 since Dec 25, 2022;
Previous analysis:
Latest Observations :
Harmonics Bat Pattern; possible reversal zone around 3351;
Harmonics Gartley Pattern; possible reversal zone around 3619;
Fibonacci on Turkish Index; index may stabilize around 3664-3500;
Bearish Divergence
XU100 depends on the reveal of candidate for elections of 14 MayBIST:XU100 wants to float up she needs good news only on the alternate candidate for presidency of Turkey for 14 May 2023 elections. 22 Feburary seems the critical date for decision of the trend. Strong candidate will support a trend up.
BİST100 (XU100) Double Top + Another Trendline Break Forming?The BIST100 index recently experienced a trendline break, failing to reach the previous trendline and forming a lower angle trendline. This new trendline is showing signs of weakness, as evidenced by the formation of a double top pattern. Given these indicators, it is likely that the BIST100 will experience another trendline break, potentially leading to a retest of the 5000 level. This analysis should be considered as one of multiple factors in making investment decisions, and further research is recommended.
15M Timeframe:
4H TF:
TRIANGLE CORRECTIONBist100 may be heading for a triangle correction in wave 4. It needs to make a record high before the elections in May in Turkiye.
Bist 100 ideaNot investement advise (ytd) it will be test to Red line trends and then will be fall or down to 8xxx or 6xxx
BIST 100 BULLISH DIVERGENCEI share my trade plan with respect to a bullish divergence has occurred on MACD indicator.
BIST100 (XU100) Critical Levels to watch (BİST100, bist)Price action has recently moved up from the lower bound of the chart, however, given the current apprehensive sentiment among retail investors and the impending elections, it is unlikely that we will reach the upper bound of the chart in the near future.
15m chart:
BIST 100 at a major weekly support has to close above and bounceA bounce from the middle thich green line like the last few times it has done would signal a major continuation of the rally like September, if we are really going to get levels like 8000-10000 we really shouldn't break this structure and trend and i believe we won't.
XU100I am not a seer, but if you think that any commodity that rises too high will rise without falling, you are wrong. does not fall, it gains strength to for new heights. This is my opinion
XU100 - Short Term Bear Channel FormedAttention
200MA in the hourly chart, which is around 5396, is now a resistance (previously it was a support!)
Red Channel
Now focus on the red channel: On Jan 5 and Jan 6, its highs and lows are formed respectively. And today, on Jan 9, we saw that the top of the channel is verified at the start of the day. Looks like we will be in this bear channel for a couple of days, until the appetite is back. (remember, it's an intensely inflationary country and the stock market's direction is up unless something drastic happens xD).
The best scenario: The index hits the previous high at 5093 and bounces. The obvious price action move. However I don't expect this to go off, since the retail investors are really panicky and they will act in a bipolar manner.
Good scenario: The index hits 4992 (where the daily 50MA will be) and bounces from there.
Bad Scenario: The index hits 4772 (where the 4hour 200MA will be) and bounces from there. It will also be very close to the support at 4770 which we found from the price action. This looks to me like the most probable scenario.
Basically, I expect the daily RSI to go as low as 30-35s and get up from there.
BIST XU100 Demand ZoneIt was a significant drop in price today, however, there is a demand zone that may provide some support. While it is uncertain if this level will hold, it is possible that we may see a small rally at this point. It is important to closely monitor the price action and volume at this demand zone to gauge the strength of the support.
BIST100HOPE GOD WİLL HAVE MERCY TO BIST100
Looks like enflation run is officaly over in turkey markets.
BİST xu100 last situation
Turkish stock market sems in danger, target is 4000. not a financial advice, it is for myself to check my technic capabilities.
XU100USDTRYHigher frame (weekly), wide perspective view.
Yüksek zaman diliminde (haftalı) bist100 genel bakış.
Enough for Borsa istanbulthat one is textbook rising wedge! that means dump is coming. prepare ur parachute. guy with printer gonna stop
Turkish Index XU100BIST:XU100
Bearish Divergence at RSI;
AB=CD pattern in play;
Respecting Fib levels;
DXY going down, may stretch further
Target: may cross psychological level of 6000 till 6200
BIST 100 DOLAR TL BAZLI-Eğer dolar/tl kuru fiyat çizgilerinde parantez içindeki gibi fiyatlanırsa borsa istanbul 100 endeksi beklentilerimi sırasıyla belirttim.
-Beklenen tarih martın ayının ikinci ve üçüncü haftasına denk gelmektedir. Fiyat ise 10200-10700 TL arasına tekabul ediyor. Seçim öncesi son ralli... Değerlendirilebilir :)
Season chart for BIST Bullish Baised As per my season chart anaylsis on borsa instanbul i have checked the bist 100 in last 20 year is green in the month of Dec almost 15 year and red on Dec like 2 year. I am expecting this month to be close green and taking long entries. NFA
BIST Analysis Level to Reach 6147As per my anaylsis bist is moving in a parrellel channel and making HH & HL very nice and strong bullish momentum i think we might see XU100 to reach 6147 level next year
