7/3/2019

*WTI Crude Oil Apr 19*

Previous Close: 56.22 -0.34

Crude oil was slightly lower yesterday as EIA reported a larger than expected weekly crude oil stock.

Hourly chart showed oil remain in sideway, wait for breakout. Aggressive traders may apply range trading setup in 55-58.

*Classic Support & Resistance*
Resistance: 57.19 57.88
Support: 55.02 54.24

*Recommend Trading Plan for the day:*
1. Buy 56.41, stop 56.26, profit 56.56/56.71/56.86.

*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4290
Mini Crude : USD 2145

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