Technical analysis NAS100 for 07.08.2023
07.08.2023 01:43
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 15470.00. The closest support is the level 15200.00
Key levels
- 15870.00, 15680.00, 15470.00, 15200.00, 15000.00, 14800.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 15470.00, with Take Profit of 15680.00 and Stop Loss of 15350.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15200.00, with Take Profit of 15000.00 and Stop Loss of 15350.00
Scenario
Recommendation
BUY STOP
Entry Point
15470.00
Take Profit
15680.00
Stop Loss
15350.00
Key Levels
15870.00, 15680.00, 15470.00, 15200.00, 15000.00, 14800.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
15200.00
Take Profit
15000.00
Stop Loss
15350.00