WTI Crude Oil Updates
Daily Futures Commentaries: [WTI Crude Oil] 19/12/2019 - Higher highs & lows, more to bullish, above 61 for more upside
InvestorsDoctor
Publish date: Thu, 19 Dec 2019, 10:31 AM
InvestorsDoctor
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19/12/2019
*WTI Crude Oil Feb 20*
Previous Close: 60.85 -0.02
Oil prices steadied on yesterday after EIA showed decline in weekly crude oil stock, denied API's data.
Hourly chart formed higher highs & lows, more to bullish, close above 61 for more upside.
*Classic Support & Resistance*
Resistance: 61.1 62
Support: 60.2 59.7
*Recommend Trading Plan for the day:*
1. Sell 60.70, stop 60.83, profit 60.57/60.44/60.31
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4125
Mini Crude : USD 2062.50
Disclaimer: For idea sharing only, trade at your own risk
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