Crude Oil
Bullish Closed

A Price Action Channel Down pattern formation on the 4 Hour time frame chart supports Crude Oil Bullish bias. A break of 79.690 will support the rise towards the target of 82.045 the break of 82.045 would push the price to 83.615.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 78.21
  • Support S1: 78.11, S2: 78.04 , S3: 77.94
  • Resistance R1: 78.28 , R2: 78.38 , R3: 78.45