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 117.520 will support the fall towards the target of 114.025 the break of 114.025 would push the price to 111.695.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 82.636
  • Support S1: 82.623, S2: 82.596 , S3: 82.583
  • Resistance R1: 82.663 , R2: 82.676 , R3: 82.703