Technical analysis USA.30 for 06.09.2023
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 ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 34680.00. The closest support is the level 34445.00
Key levels
- 35075.00, 34910.00, 34680.00, 34445.00, 34290.00, 34020.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 34680.00, with Take Profit of 34910.00 and Stop Loss of 34565.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 34445.00, with Take Profit of 34290.00 and Stop Loss of 34565.00
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.