Technical analysis USA.30 for 24.11.2023

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 is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 35780.00. The closest support is the level 35000.00

Key levels

  • 36450.00, 36115.00, 35780.00, 35000.00, 34730.00, 343395.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 35780.00, with Take Profit of 36115.00 and Stop Loss of 35350.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 35000.00, with Take Profit of 34730.00 and Stop Loss of 35350.00

Scenario
Recommendation
BUY STOP

Entry Point
35780.00

Take Profit
36115.00

Stop Loss
35350.00

Key Levels
36450.00, 36115.00, 35780.00, 35000.00, 34730.00, 343395.00
Alternative scenario
Recommendation
SELL STOP

Entry Point
35000.00

Take Profit
34730.00

Stop Loss
35350.00
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.