Technical analysis WTI for 05.06.2023

05.06.2023 01:15
Intradía
Técnico

The Tenkan-sen line crosses bottom upward the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 76.00. The closest support is the level 73.20

Key levels

  • 77.25, 76.75, 76.00, 73.20, 72.40, 71.45

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 76.00, with Take Profit of 76.75 and Stop Loss of 74.20

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 73.20, with Take Profit of 72.40 and Stop Loss of 74.20
Guión
Recomendación
BUY STOP

Punto de entrada
76.00

Take Profit
76.75

Stop Loss
74.20

Niveles clave
77.25, 76.75, 76.00, 73.20, 72.40, 71.45
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
73.20

Take Profit
72.40

Stop Loss
74.20