Technical analysis NAS100 for 19.05.2022
19.05.2022 18:22
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 11725. The closest resistance is the level 12075
Key levels
- 12965, 12625, 12325, 12075, 11725, 11400
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 12075, with Take Profit of 11725 and Stop Loss of 12325
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 12325, with Take Profit of 12625 and Stop Loss of 12075
Scenario
Recommendation
SELL LIMIT
Entry Point
12075
Take Profit
11725
Stop Loss
12325
Key Levels
12965, 12625, 12325, 12075, 11725, 11400
Alternative scenario
Recommendation
BUY STOP
Entry Point
12325
Take Profit
12625
Stop Loss
12075