Technical analysis NAS100 for 14.03.2024
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 18000. The closest resistance is the level 18150
Key levels
- 18300, 18150, 18000, 17850, 17700
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 18150, with Take Profit of 18300 and Stop Loss of 18000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 18000, with Take Profit of 17850 and Stop Loss of 18150
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.