Technical analysis NAS100 for 30.05.2022

30.05.2022 18:18
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 support is the level 12765. The closest resistance is the level 13065

Key levels

  • 13545, 13065, 12765, 12515, 12275, 12035, 11735, 11500

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 13065, with Take Profit of 13545 and Stop Loss of 12765

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 12765, with Take Profit of 12275 and Stop Loss of 13065
Scenario
Recommendation
BUY STOP

Entry Point
13065

Take Profit
13545

Stop Loss
12765

Key Levels
13545, 13065, 12765, 12515, 12275, 12035, 11735, 11500
Alternative scenario
Recommendation
SELL STOP

Entry Point
12765

Take Profit
12275

Stop Loss
13065