WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 13/12/2019 - Testing range high, above 60 for more upside

InvestorsDoctor
Publish date: Fri, 13 Dec 2019, 10:34 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/



13/12/2019
 
*WTI Crude Oil Jan 20*
 
Previous Close: 59.18 +0.42
 
Oil prices bounced back to above 59 level on positive progress from US-China trade agreement, but still in sideway range.
 
Hourly chart formed a sideway to higher trend, close above 60 for more upside.
 
 *Classic Support & Resistance* 
Resistance: 50.50 61.50
Support: 58.70 57.70
 
 *Recommend Trading Plan for the day:* 
1. Sell 59.13, stop 59.26, profit 59/58.87/58.74
 
*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