Crude Oil Price Update – Weekly Direction

As Discussed in Last Analysis Coming week 3844 will play crucial role any break below it can see fast fall towards 3780/3721/3666/3610. Bulls will get active above 3900 towards 3969/4020.

Low for the week was 3900 and we did target of 4020. For coming week Bulls will get active of 4096 for a move back to 4224/4290. Bears will get active below 3969 for a move towards 3900/3844. 20 March Important time cycle date.

Crude Time Cycle

Coming week 20 March is important time cycle.

Weekly Trend Change Level:4010

Weekly Resistance:4077,4117,4160,4220

Weekly Support:3906,3844,3782,3745

Levels Mentioned are for March Contract Crude

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