Technical analysis USA.30 for 28.01.2022
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 traded between Tenkan-se and Kijun-sen lines. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively
Key levels
- 37100, 36450, 35850, 35310, 34800, 34350, 33675, 33025
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 33675 and Stop Loss of 34350
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 34350, with Take Profit of 34800 and Stop Loss of 34100
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.