Technical analysis NAS100 for 18.07.2023
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument corrected to the Tenkan-se line. The closest resistance is the level 15745.00. The closest support is the level 15550.00
Key levels
- 16500.00, 16000.00, 15745.00, 15550.00, 15320.00, 15195.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 15745.00, with Take Profit of 16000.00 and Stop Loss of 15650.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15550.00, with Take Profit of 15320.00 and Stop Loss of 15650.00
Scenario
Recommendation
BUY STOP
Entry Point
15745.00
Take Profit
16000.00
Stop Loss
15650.00
Key Levels
16500.00, 16000.00, 15745.00, 15550.00, 15320.00, 15195.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
15550.00
Take Profit
15320.00
Stop Loss
15650.00
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.