#BRENT intraday forecast (technical side) 2016-03-15

15 March 2016, 02:58
oleksandr bilokon
0
50
Calculated level for today:
Support (S1 / S2 / S3 = 39,36 / 38,97 / 33), resistance (R1 / R2 / R3 = 40,64 / 41,03 / 67).
Key resistance levels (1st from 40.63 to 39.95 at the end of the day, the 2nd of 40.70 to 40.23).
Indicator OsMa marked increase in activity in the sample bears Up H4, which provides the basis for planning of trading operations for correction of advantage.
Given the status and focus oscillators Stochastics, expect a test down 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 target levels are calculated levels S1-w, S1, S2 S3, R1-m broken, Up H4.

Alternative purchases make sense, provided the breakdown down H1 above key levels to breakdown purposes R1.R2.

Chart: http://bi0l.blogspot.com/2016/03/brent-intraday-forecast-technical-side_49.html 

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