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WaveTalks
Nov 20, 2016 5:40 PM

Crude Oil- B2C- An Exciting Experience 43$ to 52$ & What Next? Long

E-mini Crude Oil FuturesNYMEX

Description

Crude Oil- B2C- An Exciting Experience 43$ to 52$ & What Next?
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 this crude journey.

What Next- Trading Strategy
Could be a start of the downside move from 52$ High & going below 42$ recent low -likely to continue down-which shall be a trading opportunity, but before that there will small upside push from last week's trading closed at

Crude from 43$ to 52$- Amazing -Later I took this as WXY pattern as it evolved


Trade active

10:06 Hrs 21st Nov2016

Last Price@46.90$

Opens up at 47$. Expecting small push before it gets hammered.
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