As discussed in last analysis Crude now need to close above 4089-4096 range as per gann levels for rally towards 4200-4225. Bears have there chance only below 4000.
Both bulls and Bears were happy last week as both did 3 target on upside and 4 target on downside. With Global Event More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants we can see good volatility in crude next week.
We have Important Astro Event Mercury Venus Declination so good trend can be seen in crude in coming week.
Crude Time Cycle
16/19 Sep Important time cycle date.
Weekly Trend Change Level:4000
Levels Mentioned are for September Contract Crude