BİST100 (XU100) Double Top + Another Trendline Break Forming?

27 ม.ค. 2023

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: