XU100 trade ideas
XU100 short time has come
Shark formation loading... 1343.5 is critical
Just a note for myself nothing else
BIST Ascending triangle breakout with gapBreakout is confirmed. There is a gap during breakout so strong formation. The price target is all the way up to 1595.
Buy Turkey's Sock Market Index ( BIST 100 )Investors are taking advantage of the cheap Turkish Lira and buying Turkish assets before the Lira is expected to strengthen as the New Central bank governor implements an orthodox monetary policy of high-interest rates to reign in high inflation.
Strong buy if next year a vaccine is available and the global economy re-opens.
bist100 ready to break 1200weekly 50ma reacted perfectly
1200 resistence tested 4 times.it will brooke soon powerfully .
the fundamental ;
lira inflation cause a chaos and uncertainity . traders will not choose low interest or extremely oversold lira to sell. the money inside the country will move to the stock market
3 scenarios for the Turkish indexErdogan keeps shorting his lira thus has an advantage for exports but at the same time inflation, incoming hunger and tensions with all of the West is bringing Turkey closer to sancions or isolation.
No happy times, only problems at the moment.
We all home he reasons up and behaves like a human being.
BIST 100 is on Correction waveOn a daily picture it seems BIST on the 5th wave. On a 4hr scale, I think, BIST is about to complete 4th wave. AO & AC should be followed as green and blue ticks will signal the end of 4th wave. Then 5th wave will start.
Not an investment advice.. Educational purpose only..
GLOBAL ECONOMIC CRYSIS IS COMING SOONKRX:KOSPI TVC:DJI XETR:DAX
TVC:NI225 NASDAQ:IXIC HSI:HSI INDEX:CAC40
Global warming is likely to put the eastern United States and Western Europe in a desperate economic crisis.
look the left shoulder of H&S pattern.
It was formed around the same period in 1998 - 2002, largely in each country.
You can see that the slope of the neckline varies from country to country.
The downward sloping of the neckline means a bigger catastrophic decline.
The United States and Europe are the most technologically advanced countries in the world.
From my brief insight, I think it is a small ice age in the Atlantic Ocean caused by the cessation of circulation in the Gulf Stream caused by the melting of the Arctic glaciers.
It was the second time that the glaciers melted in 2020, and I was told that it was the first in history to not regenerate.
Everyone will have to be prepared.
I think gold and silver bitcoins will also fall.
Don't be fooled by the fictitious last rise.
