#BRENT intraday forecast (technical side) 2016-02-12

12 February 2016, 11:32
oleksandr bilokon
0
38

Chart: http://bi0l.blogspot.com/2016/02/brent-intraday-forecast-technical-side_12.html

 

Calculated level for today:

Support (S1 / S2 / S3 = 30,59 / 30,26 / 29,72), resistance (R1 / R2 / R3 = 31,67 / 32,00 / 32,54).

Key level (1st from 31.68 to 31.10 at the end of the day, the 2nd of 32.72 to 32.09).

Indicator OsMa marked decrease in activity and increased activity bears yoliv that favors planning trading operations for today and correction.

Given the orientation of oscillators Stochastics, forward and test key levels (down H1, EMA120),

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 H1, EMA120) target levels calculated level S2, S3, S1-m.

For alternative shopping correction, provided penetration (down H1, EMA120) and the growth of the goals is equal R3, S1w, EMA521. 

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