Crude Oil
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 112.470 will support the fall towards the target of 107.490 the break of 107.490 would push the price to 104.170.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 82.933
  • Support S1: 82.916, S2: 82.903 , S3: 82.886
  • Resistance R1: 82.946 , R2: 82.963 , R3: 82.976