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Trading Signal - 15/08/2014 - 10:00 (GMT +3)

Instrument: CRUDE

by: Chief Technical Strategist Avramis Despotis

Previous Close 95.56

Change 0.13 %

Current 95.57

52 Week High 112.21

52 Week Low 91.22

30 Days ATR 1.21

40 Weeks ATR 3.33

Time Trend & Condition Support & Resistances CommentsPosition & Trade

ProbabilityEntry, Take Profit &Stop Loss Levels

60minCHART

Next 3Days

Downwards Strong

Neutral

95.30 95.90

- 96.30

- 96.90

The market is testing resistance at95.90. We are waiting to seereversal signals in order to reinstateSHORT positions. Next importantresistance the 96.30 level.

Position Entry SL

SELL - -

Trade P. TP1 TP2

- - -

240minCHART

Next 3Weeks

Downwards Strong

Neutral

95.10 96.80

93.50 97.80

- 99.30

Waiting for a retracement highertowards the 96.80 resistance levelin order to reinstate SHORTpositions.

Position Entry SL

SELL - -

Trade P. TP1 TP2

- - -

DailyCHART

Next 3

Months

Downwards Strong

Neutral

91.10 98.20

83.10 100.00

- 102.90

Waiting for a retracement highertowards the 98.20 resistance levelin order to reinstate SHORT

positions.

Position Entry SL

SELL - -

Trade P. TP1 TP2

- - -

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