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 84.440 will support the fall towards the target of 82.475 the break of 82.475 would push the price to 81.165.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 83.093
  • Support S1: 83.016, S2: 82.973 , S3: 82.896
  • Resistance R1: 83.136 , R2: 83.213 , R3: 83.256