Technical analysis WTI for 27.10.2023
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 trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 83.00. The closest resistance is the level 83.50

Key levels
- 85.00, 84.25, 83.50, 83.00, 82.25
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 83.00, with Take Profit of 82.25 and Stop Loss of 83.50
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 83.50, with Take Profit of 84.25 and Stop Loss of 83.00