Technical analysis NAS100 for 19.01.2024
19.01.2024 02:06
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above 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 16975. The closest resistance is the level 17100
Key levels
- 17200, 17100, 16975, 16900, 16775
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 16975, with Take Profit of 17100 and Stop Loss of 16900
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 16900, with Take Profit of 16775 and Stop Loss of 16975
Scenario
Recommendation
BUY LIMIT
Entry Point
16975
Take Profit
17100
Stop Loss
16900
Key Levels
17200, 17100, 16975, 16900, 16775
Alternative scenario
Recommendation
SELL STOP
Entry Point
16900
Take Profit
16775
Stop Loss
16975