en-oil-20150602-m
Post on 06-Mar-2016
4 Views
Preview:
DESCRIPTION
TRANSCRIPT
-
Trading Signal - 02/06/2015 - 10:00 (GMT +3)Instrument: CRUDEby: Chief Technical Strategist Avramis Despotis
Previous Close 60.15
Change -0.28 %
Current 60.15
52 Week High 107.37
52 Week Low 44.36
30 Days ATR 1.37
40 Weeks ATR 3.44
Time Trend & Condition Support &Resistances CommentsPosition & Trade
ProbabilityEntry, Take Profit &Stop Loss Levels
60minCHART
Next 3Days
Upwards StrongNeutral
59.40 60.70
58.60 61.50
57.50 62.90
A Medium probability, entry signalto go LONG was given at 60.10after the market found support at59.40. Only the downward break of59.40 would cancel the bullishscenario and take us SHORT.
Position Entry SL
LONG 60.10 59.40
Trade P. TP1 TP2
Medium 61.50 62.80
240minCHART
Next 3Weeks
Upwards WeakNeutral
59.20 60.80
58.00 62.00
56.20 63.00
The market is testing support at59.20. We are waiting to seereversal signals in order to reinstateLONG positions, or alternatively theupward break of the 60.80resistance level. Next importantsupport the 58.00 level.
Position Entry SL
BUY - -
Trade P. TP1 TP2
- 61.50 62.80
DailyCHART
Next 3Months
Upwards StrongNeutral
56.00 62.60
53.00 64.30
48.10 66.10
A Medium probability, entry signalto go LONG will be given with theupward break of 60.70 after themarket found support at 56.50. Onlythe downward break of 56.50 wouldcancel the bullish scenario and takeus SHORT.
Position Entry SL
BUY 60.70 56.50
Trade P. TP1 TP2
Medium 68.00 75.00
12, Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus P.O.Box 50626, 3608 Limassol, Cyprus
Trading Signal - 02/06/2015 - 10:00 (GMT +3)Instrument: CRUDEby: Chief Technical Strategist Avramis Despotis
top related