Technical analysis NAS100 for 07.06.2022
Intraday
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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 12515. The closest resistance is the level 12765
Key levels
- 13275, 13050, 12765, 12515, 12275, 12035
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 12765, with Take Profit of 13050 and Stop Loss of 12515
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 12515, with Take Profit of 12275 and Stop Loss of 12765
Scenario
Recommendation
BUY STOP
Entry Point
12765
Take Profit
13050
Stop Loss
12515
Key Levels
13275, 13050, 12765, 12515, 12275, 12035
Alternative scenario
Recommendation
SELL STOP
Entry Point
12515
Take Profit
12275
Stop Loss
12765
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.