WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 28/9/2018 - Covered previous losses ahead of Iran sanctions
InvestorsDoctor
Publish date: Fri, 28 Sep 2018, 10:39 AM
InvestorsDoctor
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28/9/2018
*WTI Crude Oil Nov 18*
Previous Close: 72.12 +0.55
Oil edged higher yesterday as driven by the prospect of a shortfall in global supply once US sanctions against Iran come into force.
Hourly chart showed crude oil sideway to higher, wait for breakout.
*Classic Support & Resistance*
Resistance: 72.78 74.26
Support: 71.47 69.98
*Recommend Trading Plan for the day:*
1. Buy 72.34, stop 72.22, profit 72.46/72.58.
2. Look for technical correction sell signal below 72.11.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3410
Mini Crude : USD 1705
Disclaimer: Idea sharing only, trade at your own risk.
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