Crude Oil
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 71.070 will support the fall towards the target of 69.315 the break of 69.315 would push the price to 68.145.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 71.206
  • Support S1: 71.143, S2: 71.096 , S3: 71.033
  • Resistance R1: 71.253 , R2: 71.316 , R3: 71.363