18/4/2019
*WTI Crude Oil Jun 19*
Previous Close: 63.87 -0.32
Crude oil declined slightly yesterday as EIA reported lesser withdraw in weekly crude oil stock as compare to API report.
Hourly chart showed crude oil entered a sideway in a more to bullish trend, close above 64.71 for more upside while below 63 may trigger technical correction.
*Classic Support & Resistance*
Resistance: 64.71 66.11 68.36
Support: 63.15 61.62
*Recommend Trading Plan for the day:*
1. Sell 63.75, stop 63.87, profit 63.63/63.51/63.39
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3740
Mini Crude : USD 1870
Disclaimer: Idea sharing only, trade at your own risk.
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