Crude Oil
Bearish Closed

A Price Action Channel Up pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 84.480 will support the fall towards the target of 83.295 the break of 83.295 would push the price to 82.505.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 79.973
  • Support S1: 79.956, S2: 79.943 , S3: 79.926
  • Resistance R1: 79.986 , R2: 80.003 , R3: 80.016