Technical analysis NAS100 for 05.10.2022
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 11275. The closest resistance is the level 11500
Key levels
- 11900, 11700, 11500, 11275, 11075, 10800
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 11275, with Take Profit of 11500 and Stop Loss of 11075
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 11075, with Take Profit of 10800 and Stop Loss of 11275
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.