Technical analysis NAS100 for 27.01.2022
Week
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 13935. The closest resistance is the level 14525
Key levels
- 16550, 16150, 15835, 15365, 14950, 14525, 13935, 13300
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 14525, with Take Profit of 13935 and Stop Loss of 14950
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 14950, with Take Profit of 15365 and Stop Loss of 14525
Scenario
Recommendation
SELL LIMIT
Entry Point
14525
Take Profit
13935
Stop Loss
14950
Key Levels
16550, 16150, 15835, 15365, 14950, 14525, 13935, 13300
Alternative scenario
Recommendation
BUY STOP
Entry Point
14950
Take Profit
15365
Stop Loss
14525
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.