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 85.640 will support the fall towards the target of 84.410 the break of 84.410 would push the price to 83.590.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 77.48
  • Support S1: 77.4, S2: 77.26 , S3: 77.18
  • Resistance R1: 77.62 , R2: 77.7 , R3: 77.84