Technical analysis NAS100 for 13.11.2023

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 trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 15580.00. The closest support is the level 15310.00

Key levels

  • 15970.00, 15790.00, 15580.00, 15310.00, 15108.00, 14945.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 15580.00, with Take Profit of 15790.00 and Stop Loss of 15450.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 15310.00, with Take Profit of 15108.00 and Stop Loss of 15450.00

Scenario
Recommendation
BUY STOP

Entry Point
15580.00

Take Profit
15790.00

Stop Loss
15450.00

Key Levels
15970.00, 15790.00, 15580.00, 15310.00, 15108.00, 14945.00
Alternative scenario
Recommendation
SELL STOP

Entry Point
15310.00

Take Profit
15108.00

Stop Loss
15450.00
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.