Crude See Major Breakdown,Weekly Forecast

By | November 24, 2018

Crude made a top on 03 Oct near Gann angle as shown in below chart and has shown a Major Breakdown as per below chart. We had a clean move from 1 gann angle to another.

 

Crude will become Bullish on a close above 3730, Any close below 3512 can see fast fall towards 3250 where major support lies.

Crude Time Cycle

Below cycle we can see Important trend change, 02 Oct was time cycle date and we made a Top of 03-Oct

12-Aug-17
03-Oct-17
24-Nov-17
15-Jan-18
08-Mar-18
29-Apr-18
20-Jun-18
11-Aug-18
02-Oct-18
23-Nov-18
09-Dec-18
16-Dec-18

 

Weekly Trend Change:3600

Weekly Resistance :3651,3692,3753,3815

Weekly Support:3525,3456,3375,3250

 

Levels Mentioned are for Nov Contract Crude

2 thoughts on “Crude See Major Breakdown,Weekly Forecast

  1. Pankaj modi

    Thank you so much sir for covering crude.. thank you on behalf of millions of your regular blog readers. Regards

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