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 79.680 will support the fall towards the target of 78.045 the break of 78.045 would push the price to 76.955.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 82.86
  • Support S1: 82.74, S2: 82.67 , S3: 82.55
  • Resistance R1: 82.93 , R2: 83.05 , R3: 83.12