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 83.660 will support the fall towards the target of 81.800 the break of 81.800 would push the price to 80.560.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 79.05
  • Support S1: 79.04, S2: 79.03 , S3: 79.02
  • Resistance R1: 79.06 , R2: 79.07 , R3: 79.08