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 71.590 will support the fall towards the target of 70.930 the break of 70.930 would push the price to 70.490.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 77.99
  • Support S1: 77.94, S2: 77.9 , S3: 77.85
  • Resistance R1: 78.03 , R2: 78.08 , R3: 78.12