WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 26/11/2019 - Retest 58 level as supported by bullish stock market

InvestorsDoctor
Publish date: Tue, 26 Nov 2019, 11:09 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/




26/11/2019

 
*WTI Crude Oil Jan 20*
 
Previous Close: 58.01 +0.24
 
Oil prices closed higher to retest 58 level yesterday as supported by bullish stock market. Watch out for API weekly crude oil stock data on 530am.
 
Hourly chart continue to test rebound while daily chart remain in triangle sideway pattern, wait for more breakout.
 
 *Classic Support & Resistance* 
Resistance: 59.50 60.50
Support: 56.60 54.80
 
 *Recommend Trading Plan for the day:* 
1. Buy 58.17, stop 58.04, profit 58.30/58.43/58.56
2. Sell 57.90, stop 58.03, profit 57.77/57.64/57.51
 
*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 discover more about FUTURES TRADING !!!
 
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589
More articles on WTI Crude Oil Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment