Technical analysis NAS100 for 25.07.2023
25.07.2023 17:55
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 15450. The closest resistance is the level 15550
Key levels
- 15750, 15650, 15550, 15450, 15350
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 15550, with Take Profit of 15650 and Stop Loss of 15450
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15450, with Take Profit of 15350 and Stop Loss of 15550
Scenario
Recommendation
BUY STOP
Entry Point
15550
Take Profit
15650
Stop Loss
15450
Key Levels
15750, 15650, 15550, 15450, 15350
Alternative scenario
Recommendation
SELL STOP
Entry Point
15450
Take Profit
15350
Stop Loss
15550