Technical analysis USA.30 for 17.01.2022
17.01.2022 16:50
Intraday
Technical
The Tenkan-sen line is located below 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 descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 35630. The closest resistance is the level 35940
Key levels
- 36950, 36640, 36445, 36130, 35940, 35630, 35370, 35000
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 35940 and Stop Loss of 36130
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 36130, with Take Profit of 36445 and Stop Loss of 35940
Scenario
Recommendation
SELL
Entry Point
Take Profit
35940
Stop Loss
36130
Key Levels
36950, 36640, 36445, 36130, 35940, 35630, 35370, 35000
Alternative scenario
Recommendation
BUY STOP
Entry Point
36130
Take Profit
36445
Stop Loss
35940