WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 18/11/2019 - Testing breakout from sideway, above 58 for more upside

InvestorsDoctor
Publish date: Mon, 18 Nov 2019, 11:06 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/



18/11/2019

 
*WTI Crude Oil Jan 20*
 
Previous Close: 57.83 +0.95
 
Oil edged higher for nearly 2% on last Friday as comments from a top US official raised optimism for a US-China trade deal. 
 
Hourly chart testing break out form short term sideway, close above 58 to trigger more upside.
 
 *Classic Support & Resistance* 
Resistance: 58.60 59
Support: 57.30 56.50
 
 *Recommend Trading Plan for the day:* 
1. Buy 58.10, 57.97, profit 58.23/58.36/58.49
2. Sell 57.74, stop 57.87, profit 57.61/57.48/57.35
 
*WTI Oil Margin Requirement (per lot)* 
WTI Crude : USD 4400
Mini Crude : USD 2200
 
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
More articles on WTI Crude Oil Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment