Technical analysis USA.30 for 06.10.2022
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 30115. The closest resistance is the level 30470
Key levels
- 31105, 30470, 30115, 29850, 29580, 29250, 28700
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 30115, with Take Profit of 29580 and Stop Loss of 30470
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 30470, with Take Profit of 31105 and Stop Loss of 30115
Scenario
Recommendation
SELL STOP
Entry Point
30115
Take Profit
29580
Stop Loss
30470
Key Levels
31105, 30470, 30115, 29850, 29580, 29250, 28700
Alternative scenario
Recommendation
BUY STOP
Entry Point
30470
Take Profit
31105
Stop Loss
30115
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.