Technical analysis WTI for 05.05.2023

05.05.2023 01:40
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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 71.50. The closest support is the level 64.90

Key levels

  • 77.75, 74.85, 71.50, 64.90, 60.90, 55.90

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 71.50, with Take Profit of 74.85 and Stop Loss of 67.75

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 64.90, with Take Profit of 60.90 and Stop Loss of 67.75
Guión
Recomendación
BUY STOP

Punto de entrada
71.50

Take Profit
74.85

Stop Loss
67.75

Niveles clave
77.75, 74.85, 71.50, 64.90, 60.90, 55.90
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
64.90

Take Profit
60.90

Stop Loss
67.75