Crude Oil
Bearish Closed

A Price Action Channel Up pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 87.250 will support the fall towards the target of 85.135 the break of 85.135 would push the price to 83.725.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 78.826
  • Support S1: 78.763, S2: 78.676 , S3: 78.613
  • Resistance R1: 78.913 , R2: 78.976 , R3: 79.063