WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 25/4/2019 - Entered sideway but technical indicators weakening
InvestorsDoctor
Publish date: Thu, 25 Apr 2019, 10:57 AM
InvestorsDoctor
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25/4/2019
*WTI Crude Oil Jun 19*
Previous Close: 65.89 -0.41
Crude oil fell to below 66 last night after EIA showed a more than expected weekly crude oil stock.
Daily & hourly charts' technical indicators weakening, watch out for potential double top bearish pattern in hourly chart.
*Classic Support & Resistance*
Resistance: 66.60 67.95
Support: 65.27 62.99
*Recommend Trading Plan for the day:*
1. Trade in range 65-67, wait for breakout
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3740
Mini Crude : USD 1870
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