Technical analysis Brent for 25.04.2022
25.04.2022 19:37
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 97.25. The closest resistance is the level 100.75
Key levels
- 113.00, 109.75, 106.50, 103.50, 100.75, 97.25, 94.25
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 100.75, with Take Profit of 97.25 and Stop Loss of 103.50
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 103.50, with Take Profit of 106.50 and Stop Loss of 100.75
Scenario
Recommendation
SELL LIMIT
Entry Point
100.75
Take Profit
97.25
Stop Loss
103.50
Key Levels
113.00, 109.75, 106.50, 103.50, 100.75, 97.25, 94.25
Alternative scenario
Recommendation
BUY STOP
Entry Point
103.50
Take Profit
106.50
Stop Loss
100.75