Technical Analysis of Crude Oil

Technical Analysis of Crude Oil:
here is a daily chart of crude oil which had made good bootom at 4600 level which will act as a strong support. now major resistance of the crude oil is 4950 level where 200 moving average is main hurdle & crude is well resisted to it as shown in fig.
crude is in buy mode if it closes above 4950, for the target 5000 & 5050
crude is in bearish mode if it closes below 4782 for the target 4736, 4651
trade according to level only..
i personally feel that as far as crude is trading above 4782, upside momentum continues... selling is likely to initiate if crude trades below 4782 (on closing basis)