Technical analysis WTI for 03.05.2022
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, 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 102.25. The closest resistance is the level 104.00
Key levels
- 110.00, 107.00, 104.00, 102.25, 100.00, 97.75, 95.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 104.00, with Take Profit of 107.00 and Stop Loss of 102.25
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 102.25, with Take Profit of 100.00 and Stop Loss of 104.00
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.