Technical analysis WTI for 20.02.2024

20.02.2024 16:09
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are 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 support is the level 77.50. The closest resistance is the level 78.50

Key levels

  • 79.50, 78.50, 77.50, 77.00, 76.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 78.50, with Take Profit of 79.50 and Stop Loss of 77.50

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 77.00, with Take Profit of 76.00 and Stop Loss of 77.25

Guión
Recomendación
BUY STOP

Punto de entrada
78.50

Take Profit
79.50

Stop Loss
77.50

Niveles clave
79.50, 78.50, 77.50, 77.00, 76.00
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
77.00

Take Profit
76.00

Stop Loss
77.25