WTI Crude Oil Updates

Daily Futures Commentaries: [WTI Crude Oil] 30/12/2019 -More to bullish, above 62 for more upside

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Publish date: Mon, 30 Dec 2019, 11:32 AM
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30/12/2019
 
*WTI Crude Oil Feb 20*
 
Previous Close: 61.72 +0.04
 
Oil was little changed on last Friday.
 
Hourly chart formed higher highs & lows, more to bullish, above 62 for more upside.
 
 *Classic Support & Resistance* 
Resistance: 62.50 63
Support: 61 60.50
 
 *Recommend Trading Plan for the day:* 
1. Trade in range 61.50-62.50
 
*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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