Crude Oil
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 82.750 will support the fall towards the target of 81.655 the break of 81.655 would push the price to 80.925.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 68.126
  • Support S1: 68.073, S2: 68.016 , S3: 67.963
  • Resistance R1: 68.183 , R2: 68.236 , R3: 68.293