Technical analysis WTI for 13.01.2022
The Tenkan-sen line is located above 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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 81.00. The closest resistance is the level 83.50
Key levels
- 86.00, 83.50, 81.00, 78.75, 76.75, 74.75, 72.35, 69.50, 67.25
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 81.00, with Take Profit of 83.50 and Stop Loss of 79.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 78.75, with Take Profit of 76.75 and Stop Loss of 80.65