Highlights

WTI Crude Oil Updates

Author: InvestorsDoctor   |   Latest post: Tue, 31 Dec 2019, 12:23 PM

 

Daily Futures Commentaries: [WTI Crude Oil] 13/3/2019 - Entered consolidation, wait for breakout.

Author:   |    Publish date:




13/3/2019

*WTI Crude Oil Apr 19*

Previous Close: 56.87 +0.08

Crude oil closed slightly higher yesterday as supported by decreasing amount shown in API weekly crude oil stock data. Continue to watch out for EIA weekly crude oil stock on 1030pm tonight.

Hourly chart formed a strong V shape rebound from around 50% Fibo retracement level of swing 51.23-57.88, back to sideway to higher trend, close above 57.88 to trigger more upside.

*Classic Support & Resistance*
Resistance: 57.88 59.35
Support: 56.30 55.26

*Recommend Trading Plan for the day:*
1. Sell 56.74, stop 56.89, profit 56.59/56.44/56.29.
2. Look for buy signal above 57.55.

*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4290
Mini Crude : USD 2145

Disclaimer: Idea sharing only, trade at your own risk.

Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!

https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg

Join our FREE channels to find out more on futures trading !!!

Telegram link:
https://t.me/investorsdoctoracademy

Facebook link:
https://m.facebook.com/investorsdoctoracademy

Or reach out to our contact number +601153537589

Share this

  Be the first to like this.
 


 

455  246  521  756 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MYEG 1.37+0.02 
 ARMADA 0.395+0.015 
 EKOVEST 0.76+0.015 
 DGB 0.09-0.005 
 PWRWELL 0.295+0.03 
 MTOUCHE 0.180.00 
 AIRASIA 1.20+0.03 
 SEALINK 0.41-0.04 
 ALAM 0.15+0.01 
 SMETRIC 0.150.00 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
2. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
Partners & Brokers