Technical analysis USA.30 for 14.09.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 31150. The closest resistance is the level 31575
Key levels
- 32050, 31575, 31150, 30650, 30125
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 31150, with Take Profit of 30650 and Stop Loss of 31575
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 31575, with Take Profit of 32050 and Stop Loss of 31150
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.