Crude Oil
Bearish Closed
Charts by TradingView

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 83.630 will support the fall towards the target of 81.020 the break of 81.020 would push the price to 79.280.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 83.843
  • Support S1: 83.786, S2: 83.683 , S3: 83.626
  • Resistance R1: 83.946 , R2: 84.003 , R3: 84.106