27/12/2018
*WTI Crude Oil Feb 19*
Previous Close: 46.22 +3.76
Oil ended with a strong gain yesterday as a technical rebound from recent steep losses.
Daily chart formed a technical rebound from outside of BB, while hourly chart showed a retracement from 4.236 Fibo level.
*Classic Support & Resistance*
Resistance: 48 49.59
Support: 43.76 42.36
*Recommend Trading Plan for the day:*
1. Look for buy signal above 46.35.
2. Look for sell signal below 45.67.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4702.5
Mini Crude : USD 2350.7
Disclaimer: Idea sharing only, trade at your own risk.
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