Technical analysis GER.30 for 01.04.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located below 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 below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 14500.00. The closest support is the level 14340.00
Key levels
- 15045.00, 14835.00, 14655.00, 14500.00, 14340.00, 14200.00, 14075.00, 13905.00
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 14500.00, with Take Profit of 14340.00 and Stop Loss of 14655.00
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 14655.00, with Take Profit of 14835.00 and Stop Loss of 14500.00
Scenario
Recommendation
SELL LIMIT
Entry Point
14500.00
Take Profit
14340.00
Stop Loss
14655.00
Key Levels
15045.00, 14835.00, 14655.00, 14500.00, 14340.00, 14200.00, 14075.00, 13905.00
Alternative scenario
Recommendation
BUY STOP
Entry Point
14655.00
Take Profit
14835.00
Stop Loss
14500.00
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.