Crude Oil Have Given a H & S Breakout. Long Crude Oil @ 47 - 47.25 With SL 46 For Targets 50-51
B2C- (B2C) is a business or transactions conducted directly between a company and consumers who are the end-users of its products or services. Yes, Isn't that lucrative for end users why because products reach directly to the consumers - no middleman- no obstructions- no resistance & crude travels b2c from 43$ to 52$ with a double bottom- an important lesson from...
Being Major Trend is down crude oil futures is all set to re-trace it's up move. So one can Short Around 45.70 and Above keeping a Stoploss level @ 46.50 to 46.60 For Target 44.25$ to 43 $ This is a short to medium term Trade
Get Ready for the Downside Move. At Least till PINK Area, by Tommorow
Crude Broke Uptrending Line. I will start Looking For 36 Region, ONCE it gets below and STARTS CLOSING below 44 Level. Keep watching
Just a warning. Tighten Stops. Just in Case?
For next several days i am keeping a short side view of Crude Oil. But for that decisive break of RED Line is essential
Greetings oil traders, As you can see from the chart which is in weekly time frame, the move (INTERIM rally) is just a correction for the down trend; say for the super cycle wave (Y) Therefore, we sure say that the current move is merely a retracement for the Super cycle wave (Y) and the initial move (X) has been stagnated for some time at the areas of 23.6%...
My View Crude Going Down... Touch New Resistance Line and Go Down...
Watchout Crudeoil. Indicators Pointing Downmove. BUT IMPORTANT, wait for Confirmation.
CrudeOil would continue going higher till 47.30 levels where it would complete Wave A = Wave C if its a 3 Wave ABC correction and probably start correcting from around those levels and go lower.. If its a 3rd Wave then we might see CrudeOil keep going higher and test the 50 levels again. Details are on the chart. Happy Trading!!