Technical analysis USA.30 for 02.10.2024
02.10.2024 01:23
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 42000. The closest resistance is the level 42300
Key levels
- 42500, 42300, 42000, 41850, 41650
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 42000, with Take Profit of 42300 and Stop Loss of 41850
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 41850, with Take Profit of 41650 and Stop Loss of 42000
Scenario
Recommendation
BUY LIMIT
Entry Point
42000
Take Profit
42300
Stop Loss
41850
Key Levels
42500, 42300, 42000, 41850, 41650
Alternative scenario
Recommendation
SELL STOP
Entry Point
41850
Take Profit
41650
Stop Loss
42000