Technical analysis WTI for 20.09.2024
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 70.25. The closest resistance is the level 71.50

Key levels
- 74.00, 72.75, 71.50, 70.25, 68.50
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 71.50, with Take Profit of 72.75 and Stop Loss of 70.25
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 70.25, with Take Profit of 68.50 and Stop Loss of 71.50