Technical analysis USA.30 for 02.07.2024
02.07.2024 01:46
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 39100. The closest resistance is the level 39300
Key levels
- 39400, 39300, 39100, 39000, 38800
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 39100, with Take Profit of 39300 and Stop Loss of 39000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 39000, with Take Profit of 38800 and Stop Loss of 39100
Scenario
Recommendation
BUY LIMIT
Entry Point
39100
Take Profit
39300
Stop Loss
39000
Key Levels
39400, 39300, 39100, 39000, 38800
Alternative scenario
Recommendation
SELL STOP
Entry Point
39000
Take Profit
38800
Stop Loss
39100