Technical analysis USA.30 for 03.09.2024
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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 41400. The closest resistance is the level 41700
Key levels
- 41900, 41700, 41400, 41250, 41000
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 41400, with Take Profit of 41700 and Stop Loss of 41250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 41250, with Take Profit of 41000 and Stop Loss of 41400
Scenario
Recommendation
BUY LIMIT
Entry Point
41400
Take Profit
41700
Stop Loss
41250
Key Levels
41900, 41700, 41400, 41250, 41000
Alternative scenario
Recommendation
SELL STOP
Entry Point
41250
Take Profit
41000
Stop Loss
41400
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.