The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 resistance is the level 14075.00. The closest support is the level 13905.00
Key levels
- 14340.00, 14200.00, 14075.00, 13905.00, 13740.00, 13580.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 14075.00, with Take Profit of 14200.00 and Stop Loss of 14000.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 13905.00, with Take Profit of 13740.00 and Stop Loss of 14000.00
Scenario
Recommendation
BUY STOP
Entry Point
14075.00
Take Profit
14200.00
Stop Loss
14000.00
Key Levels
14340.00, 14200.00, 14075.00, 13905.00, 13740.00, 13580.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
13905.00
Take Profit
13740.00
Stop Loss
14000.00