Technical analysis WTI for 31.08.2022

31.08.2022 18:26
Intradía
Técnico

The Tenkan-sen line approaches above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 91.60. The closest support is the level 88.60

Key levels

  • 95.50, 94.00, 91.60, 88.60, 86.65, 84.70

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 91.60, with Take Profit of 94.00 and Stop Loss of 90.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 88.60, with Take Profit of 86.65 and Stop Loss of 90.00
Guión
Recomendación
BUY STOP

Punto de entrada
91.60

Take Profit
94.00

Stop Loss
90.00

Niveles clave
95.50, 94.00, 91.60, 88.60, 86.65, 84.70
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
88.60

Take Profit
86.65

Stop Loss
90.00