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
CL1 Falling but keep eye on 46.33 level for Buy...Strong support level to watch 46.33, It can give a buy bounce from that level. Just watchout 46.33 and if broken than a gud downfall waiting.
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
Short CL1 blw 50.63 sl51.02 tgt 49.79/49.50..... MCX Level- MCX Crude SELL blw 3400 sl 3425 tgt 3350/3300/3250+
Inverse H & S pattern in weekly chart of crude oil......about to break neckline.....big move is expected if it breaks neckline.....
Crude Oil Short setup viewpoint. Trade with further price action confirmation.
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.
From Last week's update -It was said that 43.60-43.80 zone to be looked for a support & bulls could rejoin for nice up & strong leg in this week from that zone- Bang On Target -Crude Oil takes support & makes a low@43. 85 before going up -up & Away. Last Traded Price- 47$+