Technical analysis NAS100 for 20.04.2022
20.04.2022 17:46
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 14225. The closest support is the level 13975
Key levels
14760, 14475, 14225, 13975, 13725, 13425
Trading scenario
Recommended opening short positions (Sell Limit) from the level of 14225, with Take Profit of 13975 and Stop Loss of 14475
Alternative scenario
Recommended opening long positions (Buy Stop) from the level of 14475, with Take Profit of 14760 and Stop Loss of 14225
Scenario
Recommendation
SELL LIMIT
Entry Point
14225
Take Profit
13975
Stop Loss
14475
Key Levels
14760, 14475, 14225, 13975, 13725, 13425
Alternative scenario
Recommendation
BUY STOP
Entry Point
14475
Take Profit
14760
Stop Loss
14225