Technical analysis WTI for 04.10.2023
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 85.00. The closest resistance is the level 86.25

Key levels
- 87.75, 86.25, 85.00, 83.75, 82.75
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 85.00, with Take Profit of 83.75 and Stop Loss of 86.25
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 86.25, with Take Profit of 87.75 and Stop Loss of 85.00