#BRENT intraday forecast (technical side) 2016-05-02

2 May 2016, 12:04
oleksandr bilokon
0
28

Chart: http://bi0l.blogspot.com/2016/05/brent-intraday-forecast-technical-side.html

Calculated level for today:

Support (S1 / S2 / S3 = 46,88 / 46,52 / 45,94), resistance (R1 / R2 / R3 = 48,03 / 48,39 / 48,96).

Key level (1st from 45.85 to 46.83 at the end of the day, the 2nd of 46.77 to 47.53).

OsMa marked divergence indicator increased activity and bears, which provides a basis for planning of trading operations benefit from correction decline now.

Given the state of the Stochastics oscillator, expect a test of key levels 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 rovorotu 2 key resistance levels, target levels (S1, S2, S3).

Alternative Shopping breakdown provided 2 key levels, with the objectives of R1, R2, with breakdowns for R3. 

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