Crude Oil Weekly Price Forecast

As Discussed in last Analysis  Till we are below 2843 Bears can push towards 2600-2500 Range. Once Price started trading above 2843 we saw quick move towards 3000. Coming week Bulls need to hold 2981-3000  for a move back to 3100-3145 range else fall back to 2900-2860 zone.

Crude Gann Angle Chart

Bounced from the Gann Angle Support zone.

Crude Plannetary Support and Resistace Line 

Crude did not come near the planntary support line and once above 2760 did a swift move towards mars line. Coming week 2981-3000 needs to be held for a move back to 3100-3145 range.

Crude  Harmonic Analysis

Above 2760 Harmonic Pattern got invalidated. 

Crude  Gann Time Cycle Date

22 Sep Important time cycle date.

Weekly Trend Change Level:2981

Weekly Resistance:3033,3081,3120,3166

Weekly Support:2945,2910,2860,2821

Levels Mentioned are for Oct Future Crude

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