Technical analysis NAS100 for 11.10.2024
11.10.2024 18:20
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 20225. The closest resistance is the level 20275
Key levels
- 20325, 20275, 20225, 20175, 20175
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 20275, with Take Profit of 20325 and Stop Loss of 20225
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 20225, with Take Profit of 20175 and Stop Loss of 20275
Scenario
Recommendation
BUY STOP
Entry Point
20275
Take Profit
20325
Stop Loss
20225
Key Levels
20325, 20275, 20225, 20175, 20175
Alternative scenario
Recommendation
SELL STOP
Entry Point
20225
Take Profit
20175
Stop Loss
20275