Crude Oil
Bearish Closed

A Price Action Channel Up pattern formation on the 4 Hour time frame chart supports Crude Oil Bearish bias. A break of 69.190 will support the fall towards the target of 67.105 the break of 67.105 would push the price to 65.715.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 70.12
  • Support S1: 70.01, S2: 69.92 , S3: 69.81
  • Resistance R1: 70.21 , R2: 70.32 , R3: 70.41