Technical analysis WTI for 02.11.2022

02.11.2022 17:10
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 89.60. The closest support is the level 87.05

Key levels

  • 92.20, 91.00, 89.60, 87.05, 85.75, 83.45

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 89.60, with Take Profit of 91.00 and Stop Loss of 88.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 87.05, with Take Profit of 85.75 and Stop Loss of 88.00
Guión
Recomendación
BUY STOP

Punto de entrada
89.60

Take Profit
91.00

Stop Loss
88.00

Niveles clave
92.20, 91.00, 89.60, 87.05, 85.75, 83.45
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
87.05

Take Profit
85.75

Stop Loss
88.00