30/7/2018
WTI Crude Oil Sept 18
Previous Close: 68.69 -0.92
Oil fell more than 1% on technical selling and as weighed down by US stock market.
Hourly chart showed crude oil trade in a sideway range, wait for breakout.
Classic Support & Resistance
Resistance: 71.10 71.66
Support: 67.56 67.04
Recommend Trading Plan for the day:
1. Sell 68.82, stop 68.97, profit 68.67/68.52.
2. Look for buy signal above 69.08.
WTI Oil Margin Requirement (per lot)
WTI Crude : USD 3795
Mini Crude : USD 1897.50
Disclaimer: Idea sharing only, trade at your own risk.
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