BIST100 Borsa Istambul - Correction pattern
after run more than 2 month at symetrical parallel channel up,
BIST:XU100 break up at july'11 and trigger correction pattern.
We see some rejection with spinning top at resistance trendline to push back BIST 100 at main channel support around 106660.82
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
BIST:XU100 break up at july'11 and trigger correction pattern.
We see some rejection with spinning top at resistance trendline to push back BIST 100 at main channel support around 106660.82
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
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