Crude Oil
Bearish Closed
Charts by TradingView

A Price Action Rising Wedge pattern formation on the 5 Min time frame chart supports Crude Oil Bearish bias. A break of 70.770 will support the fall towards the target of 70.515 the break of 70.515 would push the price to 70.345.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 74.146
  • Support S1: 73.953, S2: 73.586 , S3: 73.393
  • Resistance R1: 74.513 , R2: 74.706 , R3: 75.073