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 74.960 will support the fall towards the target of 72.305 the break of 72.305 would push the price to 70.535.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 83.313
  • Support S1: 83.266, S2: 83.233 , S3: 83.186
  • Resistance R1: 83.346 , R2: 83.393 , R3: 83.426