Technical analysis Brent for 04.03.2022

04.03.2022 16:52
Intradía
Técnico

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 109.25. The closest resistance is the level 115.75

Key levels

  • 120, 115.75, 109.25, 105.75, 99.75, 93.75, 89

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 115.75, with Take Profit of 120 and Stop Loss of 110

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 105.75, with Take Profit of 99.75 and Stop Loss of 109.25
Guión
Recomendación
BUY STOP

Punto de entrada
115.75

Take Profit
120

Stop Loss
110

Niveles clave
120, 115.75, 109.25, 105.75, 99.75, 93.75, 89
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
105.75

Take Profit
99.75

Stop Loss
109.25