Technical analysis WTI for 03.08.2022

03.08.2022 09:01
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 91.75. The closest resistance is the level 93.80

Key levels

  • 102.50, 99.20, 97.10, 95.50, 93.80, 91.75, 88.40

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 91.75 and Stop Loss of 95.50

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 95.50, with Take Profit of 99.20 and Stop Loss of 93.80
Guión
Recomendación
SELL

Punto de entrada

Take Profit
91.75

Stop Loss
95.50

Niveles clave
102.50, 99.20, 97.10, 95.50, 93.80, 91.75, 88.40
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
95.50

Take Profit
99.20

Stop Loss
93.80