Technical analysis NAS100 for 28.03.2024

28.03.2024 16:27
Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 18225. The closest resistance is the level 18325

Key levels

  • 18425, 18325, 18225, 18125, 18000

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 18225, with Take Profit of 18125 and Stop Loss of 18325

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 18325, with Take Profit of 18425 and Stop Loss of 18225

Scenario
Recommendation
SELL STOP

Entry Point
18225

Take Profit
18125

Stop Loss
18325

Key Levels
18425, 18325, 18225, 18125, 18000
Alternative scenario
Recommendation
BUY STOP

Entry Point
18325

Take Profit
18425

Stop Loss
18225