Technical analysis NAS100 for 08.12.2023
08.12.2023 00:57
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 15950. The closest resistance is the level 16150
Key levels
- 16300, 16150, 15950, 15825, 15650
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 15950, with Take Profit of 16150 and Stop Loss of 15825
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 15825, with Take Profit of 15650 and Stop Loss of 15950
Scenario
Recommendation
BUY LIMIT
Entry Point
15950
Take Profit
16150
Stop Loss
15825
Key Levels
16300, 16150, 15950, 15825, 15650
Alternative scenario
Recommendation
SELL STOP
Entry Point
15825
Take Profit
15650
Stop Loss
15950