Technical analysis WTI for 18.05.2022

18.05.2022 18:17
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 108.25. The closest support is the level 106.75

Key levels

  • 111.75, 110.00, 108.25, 106.75, 105.00, 103.35

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 108.25, with Take Profit of 110.00 and Stop Loss of 107.50

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 106.75, with Take Profit of 105.00 and Stop Loss of 107.50
Guión
Recomendación
BUY STOP

Punto de entrada
108.25

Take Profit
110.00

Stop Loss
107.50

Niveles clave
111.75, 110.00, 108.25, 106.75, 105.00, 103.35
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
106.75

Take Profit
105.00

Stop Loss
107.50