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

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Trading Signal - 02/06/2015 - 10:00 (GMT +3)Instrument: CRUDEby: Chief Technical Strategist Avramis Despotis