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 86.200 will support the fall towards the target of 82.360 the break of 82.360 would push the price to 79.800.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 83.89
  • Support S1: 83.76, S2: 83.68 , S3: 83.55
  • Resistance R1: 83.97 , R2: 84.1 , R3: 84.18