Technical analysis for 10.09.2024

10.09.2024 21:41
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines

Key levels

154,954, 156.820, 158.228, 159.577, 160.898

Trading scenario

Recommended opening long positions (Buy Limit) from the level of 156.700, with Take Profit of 156.820 and Stop Loss of 155.900

Alternative scenario

Recommended opening short positions (Sell Limit) from the level of 156.820, with Take Profit of 155.900 and Stop Loss of 158.700

Scenario
Recommendation
BUY LIMIT

Entry Point
156.700

Take Profit
156.820

Stop Loss
155.900

Key Levels
154,954, 156.820, 158.228, 159.577, 160.898
Alternative scenario
Recommendation
SELL LIMIT

Entry Point
156.820

Take Profit
155.900

Stop Loss
158.700