Technical analysis WTI for 22.06.2023
22.06.2023 18:16
Intraday
Technical
The Tenkan-sen line crosses from top to bottom the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 71.60. The closest support is the level 69.20
Key levels
- 73.30, 72.50, 71.60, 69.20, 68.40, 67.60
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 71.60, with Take Profit of 72.50 and Stop Loss of 70.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 69.20, with Take Profit of 68.40 and Stop Loss of 70.50
Scenario
Recommendation
BUY STOP
Entry Point
71.60
Take Profit
72.50
Stop Loss
70.50
Key Levels
73.30, 72.50, 71.60, 69.20, 68.40, 67.60
Alternative scenario
Recommendation
SELL STOP
Entry Point
69.20
Take Profit
68.40
Stop Loss
70.50