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 72.146
  • Support S1: 71.983, S2: 71.776 , S3: 71.613
  • Resistance R1: 72.353 , R2: 72.516 , R3: 72.723