Technical analysis for 10.09.2024

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