Technical analysis USA.30 for 23.09.2022

Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 29150. The closest resistance is the level 29635

Key levels

  • 31250, 30300, 39635, 29150, 28400

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 29150, with Take Profit of 28400 and Stop Loss of 29635

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 29635, with Take Profit of 30300 and Stop Loss of 29150
Scenario
Recommendation
SELL STOP

Entry Point
29150

Take Profit
28400

Stop Loss
29635

Key Levels
31250, 30300, 39635, 29150, 28400
Alternative scenario
Recommendation
BUY STOP

Entry Point
29635

Take Profit
30300

Stop Loss
29150
Nikolai Krishtopov
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.