Technical analysis NAS100 for 24.10.2022
24.10.2022 18:10
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom 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 11180. The closest resistance is the level 11365
Key levels
- 11650, 11365, 11180, 11030, 10890, 10710
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 11180, with Take Profit of 10890 and Stop Loss of 11365
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 11365, with Take Profit of 11650 and Stop Loss of 11180
Scenario
Recommendation
SELL STOP
Entry Point
11180
Take Profit
10890
Stop Loss
11365
Key Levels
11650, 11365, 11180, 11030, 10890, 10710
Alternative scenario
Recommendation
BUY STOP
Entry Point
11365
Take Profit
11650
Stop Loss
11180