Technical analysis WTI for 28.11.2023
28.11.2023 17:49
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 turned over from ascending to descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 75.50. The closest resistance is the level 77.25
Key levels
- 79.75, 78.25, 77.25, 75.50, 74.25
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 77.25, with Take Profit of 75.50 and Stop Loss of 78.25
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 78.25, with Take Profit of 79.75 and Stop Loss of 77.25
Scenario
Recommendation
SELL LIMIT
Entry Point
77.25
Take Profit
75.50
Stop Loss
78.25
Key Levels
79.75, 78.25, 77.25, 75.50, 74.25
Alternative scenario
Recommendation
BUY STOP
Entry Point
78.25
Take Profit
79.75
Stop Loss
77.25