Crude Oil
Bearish Closed
Charts by TradingView

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 71.150 will support the fall towards the target of 69.785 the break of 69.785 would push the price to 68.875.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 69.526
  • Support S1: 69.483, S2: 69.416 , S3: 69.373
  • Resistance R1: 69.593 , R2: 69.636 , R3: 69.703