Technical analysis NAS100 for 22.11.2023
22.11.2023 00:46
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 15850. The closest resistance is the level 16000
Key levels
- 16150, 16000, 15850, 15750, 15625
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 15850, with Take Profit of 16000 and Stop Loss of 15750
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15750, with Take Profit of 15625 and Stop Loss of 15850
Scenario
Recommendation
BUY LIMIT
Entry Point
15850
Take Profit
16000
Stop Loss
15750
Key Levels
16150, 16000, 15850, 15750, 15625
Alternative scenario
Recommendation
SELL STOP
Entry Point
15750
Take Profit
15625
Stop Loss
15850