Technical analysis USA.30 for 24.01.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 33755. The closest resistance is the level 34201
Key levels
- 36550, 36151, 35832, 35400, 35050, 34675, 34201, 33755, 33392
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 33755, with Take Profit of 33392 and Stop Loss of 33995
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 34201, with Take Profit of 34675 and Stop Loss of 33755
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.