Crude Oil
Bullish Closed

A Price Action Falling Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bullish bias. A break of 80.270 will support the rise towards the target of 81.275 the break of 81.275 would push the price to 81.945.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 70.69
  • Support S1: 70.66, S2: 70.64 , S3: 70.61
  • Resistance R1: 70.71 , R2: 70.74 , R3: 70.76