Crude Oil
Bearish Closed

A Price Action Rising Wedge pattern formation on the 30 Min time frame chart supports Crude Oil Bearish bias. A break of 83.750 will support the fall towards the target of 83.120 the break of 83.120 would push the price to 82.700.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 78.086
  • Support S1: 78.063, S2: 78.016 , S3: 77.993
  • Resistance R1: 78.133 , R2: 78.156 , R3: 78.203