Technical analysis NAS100 for 05.10.2022
05.10.2022 17:11
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 11275. The closest resistance is the level 11500
Key levels
- 11900, 11700, 11500, 11275, 11075, 10800
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 11275, with Take Profit of 11500 and Stop Loss of 11075
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 11075, with Take Profit of 10800 and Stop Loss of 11275
Scenario
Recommendation
BUY LIMIT
Entry Point
11275
Take Profit
11500
Stop Loss
11075
Key Levels
11900, 11700, 11500, 11275, 11075, 10800
Alternative scenario
Recommendation
SELL STOP
Entry Point
11075
Take Profit
10800
Stop Loss
11275