#BRENT intraday forecast (technical side) 2016-03-04

4 March 2016, 11:57
oleksandr bilokon
0
35
Calculated level for today:
Support (S1 / S2 / S3 = 36,44 / 15 / 35.67) and resistance (R1 / R2 / R3 = 37,40 / 69 / 37.17).
Key level (1st from 36.77 to 36.90 at the end of the day, the 2nd of 35.28 to 36.73).
OsMa marked divergence indicator that provides the basis for planning of trading operations for the correction of an advantage today.
Given the orientation of oscillators Stochastics, expect a test of key levels and down W1, where it is recommended to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales on condition of formation of reversal signal levels (down W1, R1, R2) target levels calculated level S1, S2, S3.

Alternative purchases make sense, provided the formation of key reversal signal levels and the breakdown of goals down D1 R1, R2, R3.

Chart : http://bi0l.blogspot.com/2016/03/brent-intraday-forecast-technical-side.html 

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