14/1/2019
*WTI Crude Oil Feb 19*
Previous Close: 51.59 -1
Oil fell to below 52 on profit taking after market digest the positive sentiment of US-China trade talk.
4 hours chart formed a technical correction from RSI overbought but still sustain in a rebound stage.
*Classic Support & Resistance*
Resistance: 53.31 54.55
Support: 50.17 48.94
*Recommend Trading Plan for the day:*
1. Look for sell signal below 51.20.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 4702.5
Mini Crude : USD 2350.7
Disclaimer: Idea sharing only, trade at your own risk.
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WangLingxin
thanks for sharing. looks good!
2019-01-14 10:32