Oil 4H midday update

The price of oil has been fluctuating sideways since the morning

Therefore, there is no change to the expected bearish trend scenario for today,

which targets breaking the 82.00 level to confirm the extension of the bearish wave towards the 80.56 then 78.21 levels

stabilizing above 83.26 will support rising to touch 84.55 , 86.08 then 87.67

Pivot Price: 82.00
Resistance prices: 84.55 & 86.08 & 87.67
Support prices: 80.55 & 78.21 & 74.52

The general trend expected for today: bearish

timeframe: 4H

Oil 4H continue to achieve negative targets


Oil price is trying to recover
Chart PatternsHarmonic PatternsOiloilforecastoilpriceoilsignalsoiltradingTrend Analysis

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