Technical analysis NAS100 for 02.09.2022
02.09.2022 19:23
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 12430. The closest resistance is the level 12210
Key levels
- 13375, 12935, 12430, 12210, 11935, 11500
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 12210, with Take Profit of 11935 and Stop Loss of 12430
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 12430, with Take Profit of 12650 and Stop Loss of 12210
Scenario
Recommendation
SELL STOP
Entry Point
12210
Take Profit
11935
Stop Loss
12430
Key Levels
13375, 12935, 12430, 12210, 11935, 11500
Alternative scenario
Recommendation
BUY STOP
Entry Point
12430
Take Profit
12650
Stop Loss
12210