Technical analysis WTI for 02.02.2022
The Tenkan-sen line is located below 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 88.00. The closest resistance is the level 92.75
Key levels
- 97.00, 92.75, 88.00, 84.00, 80.00, 75.00, 69.00
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 88.00, with Take Profit of 92.75 and Stop Loss of 86.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 84.00, with Take Profit of 80.00 and Stop Loss of 88.00