Technical analysis for 17.07.2023
17.07.2023 17:28
Intraday
Technical
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1948. The closest resistance is the level 1954
Key levels
- 1968, 1960, 1954, 1948, 1939
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1954, with Take Profit of 1960 and Stop Loss of 1948
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1948, with Take Profit of 1939 and Stop Loss of 1954
Scenario
Recommendation
BUY STOP
Entry Point
1954
Take Profit
1960
Stop Loss
1948
Key Levels
1968, 1960, 1954, 1948, 1939
Alternative scenario
Recommendation
SELL STOP
Entry Point
1948
Take Profit
1939
Stop Loss
1954