Technical analysis USA.30 for 29.11.2023
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument adjusted to the Kijun-sen line. The closest resistance is the lower border of the cloud. The closest support is the level 35045.00
Key levels
- 36445.00, 36115.00, 35780.00, 35045.00, 34730.00, 34395.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 35780.00, with Take Profit of 36115.00 and Stop Loss of 35430.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 35045.00, with Take Profit of 34730.00 and Stop Loss of 35430.00
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.