THYAO possible scenarioThe long term resistance and support zones has worked many times so far, if the ongoing war doesn`t make a huge impact, I believe it should be the point we return back to test the resistance level in the short term.
In case the large competitors like Emirates and Qatar Airways get affected from the war for a longer period, well then Istanbul as the transit hub is going to be much more valuable and in this scenario we should be seeing the 'long term target' sooner than expected. Of course, if Turkey stays out of the war that is.
Not a financial advise!!!
Not a financial advise!!!
ATATP - 25 months HEAD & SHOULDERSโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
TURKCELL Gartley Harmonic FormationOn the weekly chart, the developing Gartley pattern shows that the 1.95โ2.00 USD support zone has held firmly for several weeks, keeping the structure intact; as long as price remains above this base, the harmonic projection toward 2.72 USD stays valid, implying roughly 24% upside with a potential completion window toward late february. A weekly close below the support range would invalidate the setup. Not financial advice.
SKBNK - 5 months ASCENDING TRIANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
AKFYE - 16 months HEAD & SHOULDERS SLOPING DOWNโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Long Setup: Darphane Gold Certificate Targeting 110.24I am looking at the Daily chart for **DARPHANE ALTIN SERTIFIKASI (BIST:ALTIN)**. The asset has been in a sustained uptrend since October. Currently, the price is reacting to the Simple Moving Average (SMA), which is acting as a dynamic support level around **85.39**. We are seeing a bounce from this zone, with the price currently trading at **88.27**.
The trend structure remains bullish as long as the price holds above the SMA and the key horizontal support structure. The ATR (Average True Range) is sitting at **4.74**, indicating there is enough volatility to support a move toward the target.
I am projecting a continuation of the bullish momentum toward new highs.
Direction: Long
Target (Take Profit): 110.24 (Upper Green Zone).
Stop Loss: 69.33 (Lower Red Zone). This is placed conservatively below the major horizontal support line visible at **74.10** to allow breathing room for volatility.
* ****
If the price breaks below the 74.10 support and the SMA, this bullish thesis would be invalidated.
TAVHL - 17 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
#MAVI VCP (Volatility Contraction Pattern)On the weekly chart, BIST:MAVI looks like itโs developing a Minervini-style Volatility Contraction Pattern (VCP) beneath a clearly defined overhead supply zone (~45.5โ47.2TL).
After the prior decline and base-repair phase, price has been coiling under resistance with a series of higher lows and progressively tighter pullbacks (each retracement appears smaller/shorter than the previous one). That โtighteningโ action suggests selling pressure is drying up and the market is absorbing supply near the top of the base.
Key level (pivot): A decisive breakout and weekly close above ~47TLโideally with stronger-than-average volumeโwould be the confirmation trigger.
Risk management: Until that breakout happens, itโs still a setup, with invalidation typically defined below the low of the most recent contraction (~39โ40TL area).
Not financial advice โ purely technical chart structure.
Net Volume Comment #MIATK In April, the shares traded between 34.2 and 38.5 TL showed strong buying interest, subsequently forming a solid support zone. In recent weeks, the reversal trend supported by company news and share buybacks appears to have gained momentum with current purchases.
Toward the end of August, short-term price appreciation was confirmed by selling pressure, and today a strong resistance level has emerged between 40.9 and 43 TL. Depending on how this selling pressure is absorbed, it is possible to see relatively weaker resistance at higher levels and, compared to that resistance, stronger buying interest. Following the news flow may prove beneficial.
Strong support: 34.2โ38.5 TL
Strong resistance: 40.5โ43 TL
Not an financal advise, experimental and educational content.
Do not open any trades with these ideas.






















