Technical analysis Brent for 21.09.2023
21.09.2023 16:16
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below 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 92.75. The closest resistance is the level 94.00
Key levels
- 95.50, 94.00, 92.75, 91.75, 90.75
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 92.75, with Take Profit of 94.00 and Stop Loss of 91.75
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 91.75, with Take Profit of 90.75 and Stop Loss of 92.75
Scenario
Recommendation
BUY LIMIT
Entry Point
92.75
Take Profit
94.00
Stop Loss
91.75
Key Levels
95.50, 94.00, 92.75, 91.75, 90.75
Alternative scenario
Recommendation
SELL STOP
Entry Point
91.75
Take Profit
90.75
Stop Loss
92.75