30/10/2018
*WTI Crude Oil Dec 18*
Previous Close: 67.04 -0.55
Crude oil edged lower yesterday after Russia signaled that output will remain high and as weighed down by weakening stock market.
Hourly chart showed crude oil retreat after higher high, back to previous trading range, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 67.95 69.77
Support: 65.74 64.43
*Recommend Trading Plan for the day:*
1. Buy 66.97 for technical rebound, stop 66.80, profit 67.14/67.31.
2. Look for sell signal below 66.29.
*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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