Crude Oil
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 83.460 will support the fall towards the target of 76.410 the break of 76.410 would push the price to 71.710.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 84.253
  • Support S1: 84.066, S2: 83.943 , S3: 83.756
  • Resistance R1: 84.376 , R2: 84.563 , R3: 84.686