Crude Weekly Forecast

By | May 5, 2019 10:51 am

As Discussed in Last Analysis  Now for coming week bears will get active if unable to close above 4430 for a move back to 4323/4250.

We saw the big fall on 02 May and low made was 4253 almost did our target of 4250.

As Discussed in Last Analysis Crude has made a short term top till we do not close above 4700 and can see fall till 4250/4166/4096.

Coming week 4330- 4356 will play crucial role unable to cross the same fall can continue till 4200/4096/4000.

We made top and had fallen more than 400 points in 6 trading session, thats the power of Gann Price Time Squaring

Crude Time Cycle

Coming week 06/09 May is important time cycle.

Weekly Trend Change Level:4356

Weekly Resistance:4400,4456,4510,4556

Weekly Support:4300,4255,4200

Levels Mentioned are for May Contract Crude

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