Kaan_ARTAR

Kaan_ARTAR

After Cup and Handle Formation we can expect a rise as same level of cup. Formation completed and price is testing strenght which was resistance before.

Kaan_ARTAR

Low Volumes, Sell signals on Wave Trend, Clear Bearish Flag as pattern...

Kaan_ARTAR

The resignation of the Treasury and Economy Governor is triggered the ABC Elliott Corrective Wave in USD/TRY. Trend is still upwards and market expects a rise in interest rates from new CBTR President. I guess B wave will occur because of Central Bank will not choosing the rising interest rates enough. When the ABC Elliott Correction wave completed the 9.xxxx...

Kaan_ARTAR

CB decision might lower it for a short time but eventually it will keep going north. I dont think the CB rise interest rates enough.

Kaan_ARTAR

Price has completed its 4 move inside the triangle and now it is ready to break up in 2 weeks. Prepare your seats !

Kaan_ARTAR

Above the thick green trend line = Bullish, below is bearish.

Kaan_ARTAR

I believe these divergences and rising wedge indicates a short term drop in this chart.

Kaan_ARTAR

Pattern indicates that price is in consolidation phase and Economic Datas, Covid-19 news will determinate the where it will go. So, untill then best to do is just waiting in my opinion. Honestly i expect price to go and retest the 1.1$ but there is no logic behind that idea so i'm just waiting for the breakout. If it break-outs to upside, i will re-share the idea...

Kaan_ARTAR Updated 

Last Friday Gold has broke down uptrend and dropped to 1707$. After touching to 233 Ema in 4H chart it bounced back to the 1730$ bc of strong buyying pressure and with reduce in VIX. But despite all the indicators' buy signal, that new uptrend is showing reversal signs. So after today's retail sales data of May, i think gold will go down. Disclaimer: I am just...

Kaan_ARTAR Updated 

Vix is getting higher and higher. In the meantime technical indicators are not supporting the golds rise. Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.

Kaan_ARTAR

- Bollinger arms are open - Divergence with squeeze momentum - 2. Wave fears - Ignoring RSI Overbought ?? Uh oh... Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.

Kaan_ARTAR Updated 

In my last 3 ideas i have stated that markets are about to crash. In this chart, i will explain what i see in short term. So now we all know that gold has a lot reasons to go to space but despite protests in USA, uncertainities about 2. wave bc of re-openings, economic damage of covid-19 gave and new monetary policies with low interest rates gold is not going...

Kaan_ARTAR

It is clear, gold is not going to 1800$. Instead going to retest 16XX levels. I don't expect for gold to going higher than 1752$ in the very short term and believe me even 1752$ is very optimistic. Also in my last idea i have spotted another divergence in the S&P500 index. when we consider the market' last situtation about reality - price relationship i am sure...

Kaan_ARTAR

I have spotted a divergence in squeeze momentum indicator which signals bear trend reversal now and also "overbought" level in fisher, wave trend indicator and RSI. I am afraid market is may going to crash again, 2. Time... Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and...

Kaan_ARTAR Updated 

1- Price has completed its downturn at the fibo level 0.5(0.52 actually) and now it is preparing to heading up again. There is a huge possibility to creating a head and shoulder pattern. Also bearish flag pattern is broken too, so we are in still bullish zone. 2- We've got a strong resistance between 1718-1722 but for any case i have setted my S/L to 1717 and 1715...

Kaan_ARTAR Updated 

After the breaking down the uptrend line with high volume, price formed a flag pattern which can easly be spotted in 30m chart. So it is expected to fall to 1698.092 level tecnicaly after the finish of forming flag. Btw in the 4h chart macd, rsi, wave trend, fisher and stoch indicators are still in Selling signal. But i hope i am wrong about that pattern or...

Kaan_ARTAR Updated 

Unfortunately gold didn't make above 1750 levels bc of the strong selling pressure in between 1735-1745$ and now indicators like wavetrend, fisher and rsi shows overbought signals in 4h charts. Also a break occured in uptrend. With all these signs we can say that gold is going down, at least for now... Disclaimer: I am just expressing my opinion, i don't accept...

Kaan_ARTAR Updated 

Catch it now! Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.