Technical analysis WTI for 22.04.2022
22.04.2022 08:02
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 98.50. The closest resistance is the level 102.50
Key levels
- 115.25, 110.75, 107.00, 102.50, 98.50, 93.50, 87.50
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 102.50, with Take Profit of 107.00 and Stop Loss of 98.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 98.50, with Take Profit of 93.50 and Stop Loss of 102.50
Scenario
Recommendation
BUY STOP
Entry Point
102.50
Take Profit
107.00
Stop Loss
98.50
Key Levels
115.25, 110.75, 107.00, 102.50, 98.50, 93.50, 87.50
Alternative scenario
Recommendation
SELL STOP
Entry Point
98.50
Take Profit
93.50
Stop Loss
102.50