Technical analysis Brent for 22.12.2021
22.12.2021 11:12
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument adjusted to the upper border of the cloud. The closest support is the level 74.00. The closest resistance is the level 75.50
Key levels
- 77.50, 76.55, 75.50, 74.00, 72.60, 71.60, 70.50, 69.30
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 72.60 and Stop Loss of 74.80
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 72.60, with Take Profit of 74.00 and Stop Loss of 71.60
Scenario
Recommendation
SELL
Entry Point
Take Profit
72.60
Stop Loss
74.80
Key Levels
77.50, 76.55, 75.50, 74.00, 72.60, 71.60, 70.50, 69.30
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
72.60
Take Profit
74.00
Stop Loss
71.60