Gap UP on Monday, Distribution and the kind of price action of last 2 Days, I am staying away from this market for the time being. i will be interested in going long only between 55-60 Level.
Crude Oil Again Testing the Crucial 50-52 Zone/Area. If it fails to break UP here, it could well be formation of Triple TOP. With COT Commercials Starting to turn Weak this may well happen. But i am not in a hurry to Jump to Conclusions. I will be interested in this market ONLY if Either it starts closing above 52 on Daily Charts (For LONG) OR it Starts closing...
Crude OIl Weakly Chart Show Head And Shoulder Pattern Trade Only Close Above Neckline Storg Up Move Crude Oil My side Target $61... $66... $73.. HAPPY TO HELP
Cl1 is giving a long breakout.....Above 51.12 it can upwards to the level 51.65/52.10 if do not break 50.74 on downside.
My advice is to stay away from this market for the time being.
CL1 is on short side as per the chart. CL1 short as close as near to 47.60, it can fall to 47/46.70/46.40...
CL1 can give hort breakout below again below at tomorrow level 47.70...Below 47.70 it can go to 47.40/47.20 if do not break 47.90 on upside.
CL1 watchout again, yesterday from 47.80 it made 49.20 till now and came back now again to that level @47.80. Now what? Now as CL1 is giving a negative breakout so if it breaks 47.70 then we can see a downfall upto 47.45/47.10, on the upside it should not break 47.90
CL1! has been trading in rising channel pattern. The prices have tested the lower band and moving northwards. The minor hurdle (black dashed line) at $46.50 if cleared by Bulls (on closing), we might head towards $54-58.
CL1 is on breakout, if it breaks it resistance at 47.80 then it can go upside till 48.80/49.40 levels, on the lower side it should not break 47 level.
Crude Oil Have Given a H & S Breakout. Long Crude Oil @ 47 - 47.25 With SL 46 For Targets 50-51
B2C- (B2C) is a business or transactions conducted directly between a company and consumers who are the end-users of its products or services. Yes, Isn't that lucrative for end users why because products reach directly to the consumers - no middleman- no obstructions- no resistance & crude travels b2c from 43$ 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
GET YOUR STOPS EXTREMELY TIGHT... Its about trailing stops (in accordance with your risk tolerance) on your short position to lock in profits (Someone Misunderstood i feel? ) THIS IS NOT ABOUT CREATING FRESH LONG POSITIONS!!!