Technical analysis USA.30 for 12.12.2023
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 corrected to the Tenkan-se line. The closest resistance is the level 36900.00. The closest support is the level 36140.00
Key levels
- 37780.00, 37400.00, 36900.00, 36140.00, 35780.00, 35365.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 36900.00, with Take Profit of 37400.00 and Stop Loss of 36500.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 36140.00, with Take Profit of 35780.00 and Stop Loss of 36500.00
Scenario
Recommendation
BUY STOP
Entry Point
36900.00
Take Profit
37400.00
Stop Loss
36500.00
Key Levels
37780.00, 37400.00, 36900.00, 36140.00, 35780.00, 35365.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
36140.00
Take Profit
35780.00
Stop Loss
36500.00
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.