Crude Oil
Bullish Closed

A Price Action Falling Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bullish bias. A break of 70.530 will support the rise towards the target of 71.190 the break of 71.190 would push the price to 71.630.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 70.01
  • Support S1: 69.87, S2: 69.78 , S3: 69.64
  • Resistance R1: 70.1 , R2: 70.24 , R3: 70.33