Technical analysis WTI for 27.08.2024
27.08.2024 17:35
Intraday
Technical
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 75.50. The closest resistance is the level 76.50
Key levels
- 79.00, 77.50, 76.50, 75.50, 74.50
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 75.50, with Take Profit of 74.50 and Stop Loss of 76.50
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 76.50, with Take Profit of 77.50 and Stop Loss of 75.50
Scenario
Recommendation
SELL STOP
Entry Point
75.50
Take Profit
74.50
Stop Loss
76.50
Key Levels
79.00, 77.50, 76.50, 75.50, 74.50
Alternative scenario
Recommendation
BUY STOP
Entry Point
76.50
Take Profit
77.50
Stop Loss
75.50