Technical analysis USA.30 for 14.01.2022
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 35531. The closest resistance is the level 35930
Key levels
- 36878, 36589, 36216, 35930, 35531, 35148, 34716
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 35531, with Take Profit of 35148 and Stop Loss of 35930
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 35930, with Take Profit of 36216 and Stop Loss of 35799.40
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.