Technical analysis WTI for 17.03.2022

17.03.2022 16:17
Intradía
Técnico

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 is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 100.70. The closest support is the level 98.25

Key levels

  • 110.28, 107.20, 104.10, 100.70, 98.25, 95.80, 93.40, 88.85

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 100.70, with Take Profit of 98.25 and Stop Loss of 101.00

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 104.10, with Take Profit of 107.20 and Stop Loss of 103.20
Guión
Recomendación
SELL LIMIT

Punto de entrada
100.70

Take Profit
98.25

Stop Loss
101.00

Niveles clave
110.28, 107.20, 104.10, 100.70, 98.25, 95.80, 93.40, 88.85
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
104.10

Take Profit
107.20

Stop Loss
103.20