Technical analysis WTI for 31.08.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 82.25. The closest resistance is the level 83.25

Key levels
- 84.25, 83.25, 82.25, 81.00, 80.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 83.25, with Take Profit of 84.25 and Stop Loss of 82.25
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 82.25, with Take Profit of 81.00 and Stop Loss of 83.25