Technical analysis USA.30 for 16.09.2024
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 41300. The closest resistance is the level 41550
Key levels
- 41700, 41550, 41300, 41100, 40900
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 41300, with Take Profit of 41550 and Stop Loss of 41100
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 41100, with Take Profit of 40900 and Stop Loss of 41300
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.