WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 24/9/2019 - 57-60 wait for breakout

InvestorsDoctor
Publish date: Tue, 24 Sep 2019, 11:12 AM
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24/9/2019
 
*WTI Crude Oil Nov 19*
 
Previous Close: 58.64 +0.55
 
Oil prices rose nearly 1% yesterday in a range bound. Watch out for API weekly crude oil stock on 430am tomorrow. 
 
Hourly chart in a sideway 57-60, wait for more breakout.
 
 *Classic Support & Resistance* 
Resistance: 59.5 63.40
Support: 57.30 52.80
 
 *Recommend Trading Plan for the day:* 
1. Trade in range 57-60, wait for breakout
 
*WTI Oil Margin Requirement (per lot)* 
WTI Crude : USD 4785
Mini Crude : USD 2392.50
 
Disclaimer: For idea sharing only, trade at your own risk
 
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