Technical analysis WTI for 18.10.2022

18.10.2022 17:21
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 79.50. The closest resistance is the level 82.50

Key levels

  • 86.50, 84.50, 82.50, 79.50, 76.75

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 82.50, with Take Profit of 79.50 and Stop Loss of 84.50

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 84.50, with Take Profit of 86.50 and Stop Loss of 82.50
Guión
Recomendación
SELL LIMIT

Punto de entrada
82.50

Take Profit
79.50

Stop Loss
84.50

Niveles clave
86.50, 84.50, 82.50, 79.50, 76.75
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
84.50

Take Profit
86.50

Stop Loss
82.50