#BRENT intraday forecast (technical side) 2016-03-08

8 March 2016, 18:01
oleksandr bilokon
0
45
Calculated level for today:
Support (S1 / S2 / S3 = 39,57 / 06 / 38.24) and resistance (R1 / R2 / R3 = 41,21 / 72 / 42.54).
Key support levels (1st from 37.78 to 39.66 at the end of the day, the 2nd of 37.52 to 38.80).
OsMa marked divergence indicator that provides the basis for planning of trading operations for correction of advantage.
Given the orientation of oscillators Stochastics, expect the decline to key levels and S1, S2, UP H1, 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 (up H1 broken, R1, R2) target levels calculated level S1, S2, S3.

Alternative purchases make sense, provided the formation signals a reversal of the key goals of the levels R1, R2.

Chart: http://bi0l.blogspot.com/2016/03/brent-intraday-forecast-technical-side_8.html 

video details: https://youtu.be/GHf-MoWDom4  

https://youtu.be/unfk6Zv6Tl4 

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