Crude Oil
Bearish Closed
Charts by TradingView

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 70.150 will support the fall towards the target of 68.830 the break of 68.830 would push the price to 67.950.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 70.326
  • Support S1: 70.283, S2: 70.216 , S3: 70.173
  • Resistance R1: 70.393 , R2: 70.436 , R3: 70.503