Technical analysis WTI for 02.02.2022
02.02.2022 15:17
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. 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 88.00. The closest resistance is the level 92.75
Key levels
- 97.00, 92.75, 88.00, 84.00, 80.00, 75.00, 69.00
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 88.00, with Take Profit of 92.75 and Stop Loss of 86.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 84.00, with Take Profit of 80.00 and Stop Loss of 88.00
Scenario
Recommendation
BUY LIMIT
Entry Point
88.00
Take Profit
92.75
Stop Loss
86.00
Key Levels
97.00, 92.75, 88.00, 84.00, 80.00, 75.00, 69.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
84.00
Take Profit
80.00
Stop Loss
88.00