Technical analysis USA.30 for 22.04.2022
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 34950. The closest support is the level 34525
Key levels
- 35450, 34950, 34525, 34200, 33825, 33375
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 34525, with Take Profit of 34950 and Stop Loss of 34200
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 34200, with Take Profit of 33825 and Stop Loss of 34525
Scenario
Recommendation
BUY LIMIT
Entry Point
34525
Take Profit
34950
Stop Loss
34200
Key Levels
35450, 34950, 34525, 34200, 33825, 33375
Alternative scenario
Recommendation
SELL STOP
Entry Point
34200
Take Profit
33825
Stop Loss
34525
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.