WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 31/1/2019 - Breakout and formed more to bullish trend but watch out for RSI bearish divergence

InvestorsDoctor
Publish date: Thu, 31 Jan 2019, 10:16 AM
InvestorsDoctor
0 1,969
To get more information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/
Following Message



31/1/2019

 
*WTI Crude Oil Mar 19*
 
Previous Close: 54.23 +0.92
 
Oil edged higher yesterday as lifted by more to bullish EIA weekly data and gains in stock market. 
 
4H chart showed crude oil breakout from sideway and hit more than 2 month high, retest Fibo level, close above 55 to trigger more upside. Look for buy setup but be cautious as there is a potential RSI bearish divergence.
 
 *Classic Support & Resistance* 
Resistance: 55.86 57.96
Support: 53.05 51.33
 
 *Recommend Trading Plan for the day:* 
1. Look for buy signal above 55.
2. Look for sell signal below 54.
 
*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.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number +601153537589
More articles on WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 31/12/2019 -Sideway to higher , wait for breakout

Created by InvestorsDoctor | Dec 31, 2019

Daily Futures Commentaries: [WTI Crude Oil] 30/12/2019 -More to bullish, above 62 for more upside

Created by InvestorsDoctor | Dec 30, 2019

Daily Futures Commentaries: [WTI Crude Oil] 27/12/2019 -More to bullish, above 62 for more upside

Created by InvestorsDoctor | Dec 27, 2019

Daily Futures Commentaries: [WTI Crude Oil] 26/12/2019 - Resume to rebound stage, close above 61.40 for more upside

Created by InvestorsDoctor | Dec 26, 2019

Daily Futures Commentaries: [WTI Crude Oil] 24/12/2019 - Testing technical correction, below 60 for more downside

Created by InvestorsDoctor | Dec 24, 2019

Daily Futures Commentaries: [WTI Crude Oil] 23/12/2019 - Testing technical correction, below 60 for more downside

Created by InvestorsDoctor | Dec 23, 2019

Daily Futures Commentaries: [WTI Crude Oil] 20/12/2019 - Higher highs & lows, more to bullish, above 61.40 for more upside

Created by InvestorsDoctor | Dec 20, 2019

Daily Futures Commentaries: [WTI Crude Oil] 19/12/2019 - Higher highs & lows, more to bullish, above 61 for more upside

Created by InvestorsDoctor | Dec 19, 2019

Daily Futures Commentaries: [WTI Crude Oil] 18/12/2019 - Watch out for weekly stock data

Created by InvestorsDoctor | Dec 18, 2019

Daily Futures Commentaries: [WTI Crude Oil] 17/12/2019 - Watch out for weekly stock data

Created by InvestorsDoctor | Dec 17, 2019

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment