Technical analysis USA.30 for 27.02.2024
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 39000. The closest resistance is the level 39150
Key levels
- 39300, 39150, 39000, 38850, 38700
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 39000, with Take Profit of 39150 and Stop Loss of 38850
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 38850, with Take Profit of 38700 and Stop Loss of 39000
Scenario
Recommendation
BUY LIMIT
Entry Point
39000
Take Profit
39150
Stop Loss
38850
Key Levels
39300, 39150, 39000, 38850, 38700
Alternative scenario
Recommendation
SELL STOP
Entry Point
38850
Take Profit
38700
Stop Loss
39000
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.