Technical analysis WTI for 19.01.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are 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 84.85. The closest resistance is the level 87.30
Key levels
- 91.25, 87.30, 84.85, 83.70, 82.30, 81.00, 79.70, 78.00, 76.40
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 84.85, with Take Profit of 87.30 and Stop Loss of 83.70
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 83.70, with Take Profit of 81.00 and Stop Loss of 84.85