Crude Oil
Bearish Closed

A Price Action Symmetric Triangle pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 68.470 will support the fall towards the target of 63.460 the break of 63.460 would push the price to 60.120.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 70.123
  • Support S1: 70.016, S2: 69.923 , S3: 69.816
  • Resistance R1: 70.216 , R2: 70.323 , R3: 70.416