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HFBC : CRUDE OIL CLZ18 : NEW OPPORTUNITY @ $ 69.70

CRUDE OIL NYMEX SETTLED ON WEDNESDAY AFTER INVENTORY @ $ 69.70

If u have follow my previous blog you understand that I am a trend trader however once in a while I prefer counter trade also which is seen in CRUDE oil pattern. I think this is a perfect structure after OIL drop down 3rd Oct HIGH $ 76.72.

This is the perfect BULLISH position entry with STOP loss $ 67.50 and RISK reward also favourable now.   Problem with Saudi Arbia will also support the price here is short term.

for a daily INTRADAY trade write me bestech30@gmail.com

regards

Rahul Kumar
HFBC
+91 8193003476

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