WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 26/10/2018 - Enter a sideway, wait for breakout, daily chart testing downside channel
InvestorsDoctor
Publish date: Fri, 26 Oct 2018, 10:39 AM
InvestorsDoctor
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26/10/2018
*WTI Crude Oil Dec 18*
Previous Close: 67.33 +0.94
Crude oil rose 1% on yesterday, following recovery of stock market. Watch out for US oil rig count on 1am tomorrow.
Hourly chart showed crude oil entering a sideway, wait for breakout.
*Classic Support & Resistance*
Resistance: 67.72 69.90
Support: 65.74 63.48
*Recommend Trading Plan for the day:*
1. Sell 66.71, stop 66.95, profit 66.47/66.23.
*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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