Technical analysis Brent for 14.04.2022
14.04.2022 18:05
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. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 107.65. The closest support is the top of the cloud
Key levels
- 114.35, 110.65, 107.65, 104.85, 103.15, 101.20, 95.50
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 107.65, with Take Profit of 110.65 and Stop Loss of 105.85
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 104.85, with Take Profit of 103.15 and Stop Loss of 105.85
Scenario
Recommendation
BUY STOP
Entry Point
107.65
Take Profit
110.65
Stop Loss
105.85
Key Levels
114.35, 110.65, 107.65, 104.85, 103.15, 101.20, 95.50
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
104.85
Take Profit
103.15
Stop Loss
105.85