WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 24/4/2019 - higher highs & lows, more to bullish, watch out RSI overbought

InvestorsDoctor
Publish date: Wed, 24 Apr 2019, 11:16 AM
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/


24/4/2019
 
*WTI Crude Oil Jun 19*
 
Previous Close: 66.30 +0.75
 
Crude oil climbed to more than 6 month high as US decision to end Iranian crude waivers offset larger than expected build in weekly crude oil stock as reported by API. Watch out for EIA weekly data on 1030pm tonight
 
Daily & hourly chart formed higher highs & lows, more bullish, close above 66.6 for more upside, but watch out for RSI bearish divergence.
 
 *Classic Support & Resistance* 
Resistance:  66.60 67.95
Support:  65.27 62.99 
 
 *Recommend Trading Plan for the day:* 
1. Sell 65.86 for technical correction, stop 65.99, profit 65.73/65.6/65.47
2. Buy 66.05, stop 65.92, profit 66.18/66.31/66.44
 
*WTI Oil Margin Requirement (per lot)* 
WTI Crude : USD 3740
Mini Crude : USD 1870
 
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
 
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://www.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589
More articles on WTI Crude Oil Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment