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 81.940 will support the fall towards the target of 80.920 the break of 80.920 would push the price to 80.240.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 79.15
  • Support S1: 79.07, S2: 78.98 , S3: 78.9
  • Resistance R1: 79.24 , R2: 79.32 , R3: 79.41