Technical analysis Brent for 13.12.2021
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 75.50. The closest support is the level 73.50
Key levels
- 85.75, 81.75, 77.75, 75.50, 73.50, 71.25, 69.25, 65.75
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 77.75, with Take Profit of 81.75 and Stop Loss of 75.50
Alternative scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 77.75 and Stop Loss of 73.50
Scenario
Recommendation
BUY STOP
Entry Point
77.75
Take Profit
81.75
Stop Loss
75.50
Key Levels
85.75, 81.75, 77.75, 75.50, 73.50, 71.25, 69.25, 65.75
Alternative scenario
Recommendation
BUY
Entry Point
Take Profit
77.75
Stop Loss
73.50
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.