Technical analysis WTI for 11.09.2024
11.09.2024 00:51
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 64.00. The closest resistance is the level 66.75
Key levels
- 70.50, 68.25, 66.75, 64.00, 62.25
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 66.75, with Take Profit of 64.00 and Stop Loss of 68.25
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 68.25, with Take Profit of 70.50 and Stop Loss of 66.75
Scenario
Recommendation
SELL LIMIT
Entry Point
66.75
Take Profit
64.00
Stop Loss
68.25
Key Levels
70.50, 68.25, 66.75, 64.00, 62.25
Alternative scenario
Recommendation
BUY STOP
Entry Point
68.25
Take Profit
70.50
Stop Loss
66.75