Technical analysis WTI for 24.02.2022
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 descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 93.75. The closest resistance is the level 99.25
Key levels
- 105, 102, 99.25, 93.75, 91.50, 89.75, 87.50, 86, 83.50
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 99.25 and Stop Loss of 95.75
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 102, with Take Profit of 105 and Stop Loss of 99.25