Based on the timing of the waves, the SUI appears to be forming a large-scale pattern. We had two bearish and bullish waves in which time similarity can be seen. The first wave was 167 days and the second wave was 189 days. The first wave was a symmetrical one and the second wave seemed to be a double wave. By maintaining the red range, it can form a third...
LPT seems to be forming a bearish triangle. It seems to be at the end of wave D. It is expected to go up a bit for wave E and then drop out of the red range. The targets are clear on the chart. If it reaches the red range, we will look for sell/short positions. Closing 1 daily candle above the invalidation level will violate the analysis For risk management,...
If the price crosses the 78.6% level, it will be possible to continue the downward trend until the next support range. Then the movement process will continue according to the specified routes
It is expected that after some fluctuation in the current support range, a trend change will be formed and we will see the beginning of the upward trend. Otherwise, it will be possible to continue the downward trend up to the level of 78.6%.
According to the behavior of the price in the green resistance range, possible scenarios have been identified. If the price crosses the resistance range, the upward trend will continue. Otherwise, it will be possible to start a downward trend, which needs to break the support trend line
If the price crosses the green support zone, it will be possible to continue the corrective process up to the red support zone. Crossing the resistance range can cause the continuation of the upward trend
By crossing the current resistance range, it will be possible to continue the upward trend up to the specified resistance levels. Further, according to the behavior of the index in the resistance ranges, the continuation of the upward trend is also likely If the price cannot stabilize above the resistance range, it will be possible to start the corrective process...
As long as the price fluctuates above the green support area, it will be possible to continue the upward trend up to the indicated resistance areas. Then, when the price reaches the resistance ranges, the behavior of the price in these ranges should be examined
The recent bearish wave is expected to end at the current support range and the start of an uptrend is likely. Then, according to the behavior of the price in the resistance range, the continuation of the movement process will be determined
It is expected that the price will cross the resistance trend line and then a trend change will be formed and the continuation of the downward trend will be formed. Then, according to the behavior of the price in the range of 78.6% level, the continuation of the movement process will be according to the specified paths
This is an update to the analysis you see in the "Related Ideas" section The previous scenario is still valid. We have a large diametric that we are in wave D of which we also reached the green range of the previous analysis and the price reacted to this support range. But the point is that the time of the D wave cannot end so soon. From the specified supply,...
The current uptrend has the ability to reach the level of 138% and even the previous ceiling. In this case, according to the behavior of the indicator, the continuation of the movement process will be determined. Crossing the green support zone will initiate a downtrend
Considering the price reaction in the resistance range, it is expected that the corrective trend will be formed according to the specified path. The upward trend can end in the specified time frame and we can imagine the beginning of the corrective or downward trend
As long as the price does not stabilize above the green resistance range, it will be possible to continue the downward trend according to the specified paths. The correction can be temporary and it can also progress to specified resistance levels and then a trend reversal is formed
Considering the position of the price in the support and resistance range, the possibility of changing the trend and starting the downward trend is more likely. If the price crosses the resistance range, the upward trend will continue