Crude Oil Price Forecast for Next Week

As Discussed in Last Analysis Coming week 4161 will play crucial role above which we can see rally till 4225/4300/4356.

Crude did perfect price time squaring as it hit 4161 on 15 July and had a big fall till 3800. Price moved from 1 planetary line to another. Now coming week we need to hold 3784 for rally to continue to 3969.

Crude Time Cycle

22/26 July Important time cycle date.

Weekly Trend Change Level:3784

Weekly Resistance:3844,3909,3969,4050

Weekly Support:3721,3661,3600,3530

Levels Mentioned are for August Contract Crude

Leave a Reply