WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 28/8/2019 - Bullish weekly stock data pushed oil prices higher
InvestorsDoctor
Publish date: Wed, 28 Aug 2019, 10:39 AM
InvestorsDoctor
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28/8/2019
WTI Crude Oil Oct 19
Previous Close: 54.93 +1.29
Oil prices rose more than 2% yesterday on higher than expected draw down in API weekly crude oil stock. Watch out for EIA weekly data on 1030pm tonight.
Daily chart move in descending triangle pattern, wait for more breakout.
Classic Support & Resistance
Resistance: 56.50 57.50
Support: 55 53.50
Recommend Trading Plan for the day:
1. Buy 55.74, stop 55.61, profit 55.87/56/56.13
2. Sell 55.41, stop 55.54, profit 55.28/55.15/55.02
WTI Oil Margin Requirement (per lot)
WTI Crude : USD 4015
Mini Crude : USD 2007.50
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More articles on WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 31/12/2019 -Sideway to higher , wait for breakout
Created by InvestorsDoctor | Dec 31, 2019
Daily Futures Commentaries: [WTI Crude Oil] 18/12/2019 - Watch out for weekly stock data
Created by InvestorsDoctor | Dec 18, 2019
Daily Futures Commentaries: [WTI Crude Oil] 17/12/2019 - Watch out for weekly stock data
Created by InvestorsDoctor | Dec 17, 2019
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