Technical analysis NAS100 for 07.03.2024
07.03.2024 18:09
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 18150. The closest resistance is the level 18325
Key levels
- 18325, 18150,18000,17825
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 18325 and Stop Loss of 18150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 18150, with Take Profit of 18000 and Stop Loss of 18300
Scenario
Recommendation
BUY
Entry Point
Take Profit
18325
Stop Loss
18150
Key Levels
18325, 18150,18000,17825
Alternative scenario
Recommendation
SELL STOP
Entry Point
18150
Take Profit
18000
Stop Loss
18300