BRENT intraday forecast (technical side) 2017-06-23

23 June 2017, 07:50
oleksandr bilokon
0
45
Estimated levels for today:
Support (S1 / S2 / S3 = 44.88 / 60/13), resistance (R1 / R2 / R3 = 45.81 / 46.09 / 46.55).

The key resistance levels (1 st from 45.66 to 45.53 at the end of the day, 2nd from 46.21 to 45.94).

brent

  The OsMa indicator marked the corresponding increase in the activity of the bulls at the correctional return of the course to the key levels, which prefers to plan for trade correction for today.
Given the neutral state of the Stochastics oscillators, expect a 1-level key test (R1, down H1), where you want to consider the activities of the parties on the charts of smaller timeframes.
For short-term sales, with the condition of forming the signals of the turn of the iids (R1, down H1), the targets are S1, S2, S3, and with the condition of breakdown up to 161.8 Fibo.

Alternative purchases make sense if the bulls' activity increases from the levels (S1, S2, S3), target levels are calculated levels (R1, down H1), and (or) under the condition of breakdown down H1 to R2, R3.

Compiled according to the trading platform MT4 from RBFXPRO.com

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