#BRENT intraday forecast 2016-02-10 (technical side)

10 February 2016, 09:52
oleksandr bilokon
0
47

Chart http://bi0l.blogspot.com/2016/02/brent-intraday-forecast-technical-side.html

 Calculated daily levels:

Support (S1 / S2 / S3 = 30,54 / 29,74,32 / 28,53), resistance (R1 / R2 / R3 = 33,03 / 80 / 35.05).

Key resistance levels (1st from 34.10 to 32.56 at the end of the day, the 2nd of 34.58 to 33.202).

Given the focus Stochastics oscillator, expect a test levels R1 / R2 and (or) Correction to  (EMA24, EMA120, down H1) and the key resistance levels,

where it is recommended to consider the activities of the parties on the charts of smaller timeframes.

For alternative shopping of correction, provided levels reversal of R1 / R2 and the growth to the goals is equal R1 / R2.

For short-term sales on condition of formation of reversal signals from downH1 levels, target levels calculated level of S1 / S2, and in case of breakdown to S3.

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