Crude Oil
Bullish Closed

A Price Action Channel Down pattern formation on the 4 Hour time frame chart supports Crude Oil Bullish bias. A break of 70.420 will support the rise towards the target of 72.790 the break of 72.790 would push the price to 74.370.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 70.013
  • Support S1: 69.876, S2: 69.783 , S3: 69.646
  • Resistance R1: 70.106 , R2: 70.243 , R3: 70.336