Technical analysis WTI for 14.10.2024
14.10.2024 17:52
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 turned over from ascending to descending. Instrument is trading above the Tenkan-se and Kijun-sen lines
Key levels
71.58, 73.34, 74.36, 75.17, 76.92
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 73.34, with Take Profit of 76.92 and Stop Loss of 71.58
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 74.36, with Take Profit of 71.58 and Stop Loss of 75.17
Scenario
Recommendation
BUY LIMIT
Entry Point
73.34
Take Profit
76.92
Stop Loss
71.58
Key Levels
71.58, 73.34, 74.36, 75.17, 76.92
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
74.36
Take Profit
71.58
Stop Loss
75.17