Technical analysis WTI for 28.07.2023
28.07.2023 17:15
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above 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 79.50. The closest resistance is the level 81.25
Key levels
- 82.50, 81.25, 79.50, 78.50, 77.00
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 79.50, with Take Profit of 81.25 and Stop Loss of 78.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 78.50, with Take Profit of 77.00 and Stop Loss of 79.50
Scenario
Recommendation
BUY LIMIT
Entry Point
79.50
Take Profit
81.25
Stop Loss
78.50
Key Levels
82.50, 81.25, 79.50, 78.50, 77.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
78.50
Take Profit
77.00
Stop Loss
79.50