Technical analysis WTI for 18.08.2022

18.08.2022 18:15
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 91.20. The closest support is the level 88.65

Key levels

  • 93.85, 92.50, 91.20, 88.65, 87.40, 85.90

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 91.20, with Take Profit of 92.50 and Stop Loss of 89.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 88.65, with Take Profit of 87.40 and Stop Loss of 89.00
Guión
Recomendación
BUY STOP

Punto de entrada
91.20

Take Profit
92.50

Stop Loss
89.00

Niveles clave
93.85, 92.50, 91.20, 88.65, 87.40, 85.90
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
88.65

Take Profit
87.40

Stop Loss
89.00