Technical analysis GER.30 for 22.02.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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 14585. The closest resistance is the level 14845
Key levels
- 15550, 15325, 15100, 14845, 14585, 14400, 14200
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 14585, with Take Profit of 14845 and Stop Loss of 14400
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 14845, with Take Profit of 14400 and Stop Loss of 15100
Scenario
Recommendation
BUY LIMIT
Entry Point
14585
Take Profit
14845
Stop Loss
14400
Key Levels
15550, 15325, 15100, 14845, 14585, 14400, 14200
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
14845
Take Profit
14400
Stop Loss
15100
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.