30/9/2019
*WTI Crude Oil Nov 19*
Previous Close: 55.91 -0.5
Oil slid after Iranian President claimed Friday that the US offered to remove all sanctions on Iran in exchange for negotiations. US President later denied those claims, causing oil to rebound from the lows.
Hourly chart rebound after close downside gap, may move into sideway as technical indicators in neutral.
*Classic Support & Resistance*
Resistance: 57 59.50
Support: 54 52.80
*Recommend Trading Plan for the day:*
1. Trade in range 55-57
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4950
Mini Crude : USD 2475
Disclaimer: For idea sharing only, trade at your own risk
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