Buy #ASK within 6137.5-6106.2 | 05 October 2018

#ASK weekly

Technical observation

#ASK is currently trading on an upward momentum after a clear breakout above the resistance zone 6137.5-6106.2.Right now it is retracing to the above mentioned zone and I expect a rejection of it within it for possible bullish momentum towards the resistance line 6384.3 and i expect  a clear breakout above it for a further rise in price. Wait for the pullback to 6137.5-6106.2 and a rejection within it to pick long positions with your take profit at 6384.3 and stop loss slightly below 6106.2.In case of a clear breach below 6137.5-6106.2,wait for a  correction to it before you pick short positions towards 5641.1.

Trade signal

Wait for a correction to 6137.5-6106.2 to buy #ASK.

                    #Megafon weekly

Technical observation

#Megafon is currently rallying below the resistance zone 655.5-644.9, I expect a pullback to the zone followed by a bounce within it for possible bearish momentum towards 438.3 and a possible breakout below it for a further decline in price. My advice, wait for the correction to 655.5-644.9 then pick short position within it with your take profit at 438.3 and stop loss slightly above 655.5.Should there be a breakout above the above mentioned zone with a big green candle, wait for a correction to it confirming possible bullish momentum of #Megafon before you pick long positions towards the resistance line 901.5.

Trade signal

Wait for a retracement to 655.5-644.9 to sell #Megafon.

                    #WTI weekly

Technical observation

On the weekly chart above, light sweet crude oil is rising steadily towards a resistance line 76.87.I expect either a rejection of it at the line for possible bearish momentum towards 63.40,or, a clear breakout above 76.87 with  a big green candle followed by  a correction to it for possible bullish momentum towards 91.09.Should there be  a bounce at 76.87,sell #WTI at it with your take profit at 63.40 and stop loss around 81.30, and In case of a clear breakout above 76.87 with  a big green candle, wait for  a correction to it before you buy #WTI at it with your take profit at 93.09 and stop loss slightly below 76.87.

Trade signal

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