#BRENT intraday forecast (technical side) 2016-03-17

17 March 2016, 09:48
oleksandr bilokon
0
34
Calculated level for today:
Support (S1 / S2 / S3 = 39,62 / 24 / 38.63) and resistance (R1 / R2 / R3 = 40,84 / 41,22 / 83).
Key support levels (1st from 39.98 to 39.91 at the end of the day, the 2nd of 39.21 to 39.70).
Alternative purchases implemented. The indicator increased activity OsMa prefer to sample (down H1 broken, key levels and down H4,), which favors trading for planning and correction today.
Given the state of OB oscillators Stochastics, forward test (down H4 broken, R1, R2, R1-w, R3), 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 (R3, Up H1 broken) target levels calculated level R1, and provided to the breakdown (EMA24,120) and key levels

For alternative shopping correction, provided the formation of reversal signal levels t (R1-w broken) and the growth of the goals is equal R3, Up H1 broken.

Chart : http://bi0l.blogspot.com/2016/03/brent-intraday-forecast-technical-side_17.html 

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