Technical analysis NAS100 for 23.06.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument entered the cloud. The closest support is the level 11440. The closest resistance is the level 11685
Key levels
- 12720, 12330, 12080, 11885, 11685, 11440, 11090
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 11400 and Stop Loss of 11885
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 11885, with Take Profit of 12080 and Stop Loss of 11685
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.