Technical analysis Brent for 20.11.2023
20.11.2023 16:20
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 81.75. The closest resistance is the level 83.00
Key levels
- 85.75, 84.25, 83.00, 81.75, 80.75
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 83.00, with Take Profit of 81.75 and Stop Loss of 84.25
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 84.25, with Take Profit of 85.75 and Stop Loss of 83.00
Guión
Recomendación
SELL STOP
Punto de entrada
83.00
Take Profit
81.75
Stop Loss
84.25
Niveles clave
85.75, 84.25, 83.00, 81.75, 80.75
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
84.25
Take Profit
85.75
Stop Loss
83.00