WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 8/8/2019 - Testing rebound from RSI bullish divergence

InvestorsDoctor
Publish date: Thu, 08 Aug 2019, 10:46 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/


8/8/2019
 
*WTI Crude Oil Sep 19*
 
Previous Close: 51.09 -2.54
 
WTI dived more than 4% to test 51 level as weighed down by a surprise build in EIA weekly crude oil stock.
 
Hourly chart testing rebound from RSI bullish divergence, close above 53 to trigger more upside.
 
 *Classic Support & Resistance* 
Resistance: 53.80 56
Support: 50.50 49
 
 *Recommend Trading Plan for the day:* 
1. Buy 52.75 for rebound, stop 53.62, profit 52.88/53.01/53.14
2. Sell 52.24, stop 52.37, profit 52.11/51.98/51.85
 
*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
More articles on WTI Crude Oil Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment