Technical analysis NAS100 for 30.11.2023
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 15900. The closest resistance is the level 16050
Key levels
- 16200, 16050, 15900, 15775, 15600
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 15900, with Take Profit of 16050 and Stop Loss of 15775
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15775, with Take Profit of 15600 and Stop Loss of 15900
Scenario
Recommendation
BUY LIMIT
Entry Point
15900
Take Profit
16050
Stop Loss
15775
Key Levels
16200, 16050, 15900, 15775, 15600
Alternative scenario
Recommendation
SELL STOP
Entry Point
15775
Take Profit
15600
Stop Loss
15900
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.