1/7/2019
*WTI Crude Oil Aug 19*
Previous Close: 58.47 -1.08
WTI once hit above 60 level this morning after Russia agreed with Saudi Arabia to extend supply cuts and after China & US agreed to not impose more tariffs.
Hourly chart gap up and test above 60 level, close above 60 to trigger more upside.
*Classic Support & Resistance*
Resistance: 61.29 62.78
Support: 57.75 56.63
*Recommend Trading Plan for the day:*
1. Buy 60.11, stop 59.98, profit 60.24/60.37/60.50
2. Sell 59.26 for technical correction, stop 59.39, profit 59.13/59/58.87
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4015
Mini Crude : USD 2007.50
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