Technical analysis NAS100 for 28.11.2023
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument corrected to the Tenkan-se line. The closest resistance is the level 16160.00. The closest support is the level 15580.00
Key levels
- 16540.00, 16350.00, 16160.00, 15580.00, 15330.00, 15110.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 16160.00, with Take Profit of 16350.00 and Stop Loss of 15850.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15580.00, with Take Profit of 15330.00 and Stop Loss of 15850.00
Scenario
Recommendation
BUY STOP
Entry Point
16160.00
Take Profit
16350.00
Stop Loss
15850.00
Key Levels
16540.00, 16350.00, 16160.00, 15580.00, 15330.00, 15110.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
15580.00
Take Profit
15330.00
Stop Loss
15850.00
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.