15/11/2019

*WTI Crude Oil Dec 19*

Previous Close: 56.77 -0.35

Oil down slightly yesterday on higher than expected weekly crude oil stock build.

4H chart entered range 55.80-57.90, wait for more breakout.

*Classic Support & Resistance*
Resistance: 58 58.5
Support: 56.20 55.70

*Recommend Trading Plan for the day:*
1. Buy 57.10, stop 56.97, profit 57.23/57.36/57.49
2. Look for sell signal below 56.60

*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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