Crude Oil
Bearish Closed
Charts by TradingView

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 120.250 will support the fall towards the target of 115.315 the break of 115.315 would push the price to 112.025.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 83.9
  • Support S1: 83.89, S2: 83.88 , S3: 83.87
  • Resistance R1: 83.91 , R2: 83.92 , R3: 83.93