Mulai
trading

Halaman Utama >
Analytics
>
Fresh forecast
>
Technical Analysis Based on Breakout
>
Wait for a correction to sell #Brent.

Wait for a correction to sell #Brent. | 01 Mei 2020

#Gazprom weekly

 Wait for a correction to sell #Brent.

Technical observation

 

 

The commodity on the weekly chart above is trading between a supportive zone 171.09-168.30 and a resistance zone 215.65-212.04. My expectation is either a rise to the zone 215.65-212.04 or a decline to the supportive zone 215.65-212.04. In case this commodity rise to the resistance zone and there is a rejection within it, sell Gazprom within it with your take profit at 171.09 and stop loss at 227.44. However, in case there is a decline to 215.65-212.04, I expect either a rejection within it or a clear penetration below it with a big red candle. In case of a breach below the zone, continue short towards 132.69.

 

 

Trade recommendation

 

Remain flat.

 

 

 

#NIKKEI weekly

Wait for a correction to sell #Brent.

Technical observation

 

 

The commodity on the weekly chart above was rejected within the resistance zone 20304-20136 before declining. Last week this pair went down and i still expect more bearish price movements towards the key level 17157. If you sold this pair within the zone 20304-20136 after a rejection, remain short with your take profit at 17157 and stop loss at 21349. On your way downwards the key levels to look for include, 17157, 14793 and the lowest level 12203. As long as #NIKKEI is contained below the zone 20304-20136, only short positions look ideal and can be recommended on the weekly chart above.

 

 

Trade recommendation

 

 

Remain short with your take profit at 17157.

#Brent weekly

Wait for a correction to sell #Brent.

Technical observation

 

 

Since its rejection within the resistance zone 54.14-53.09, the commodity on the weekly chart above has been declining steadily and it recently gapped to the lower side confirming possible further bearish movements. Currently #Brent is trading below the level 25.76 it recently penetrated below with a big red candle and i expect a correction to the just broken line followed by a rejection at it. My advice, wait for a retracement to the line 25.76 and a bounce at it to sell #Brent with your take profit at 16.49 and stop loss at 31.05. As it is on the weekly chart above, only short position look ideal and can be recommended.

 

 

Trade recommendation

 

 

Wait for a correction to sell #Brent.

 

 

 

 

 

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:

Close
Masuk

Tunjukkan Kata Kunci

Sembunyikan Kata Kunci

 Lupa kata sandi?
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.

Penghargaan terbaik kami:

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.