20/12/2019
*WTI Crude Oil Feb 20*
Previous Close: 61.18 +0.33
Oil prices ended above 61 level yesterday on more to bullish weekly inventories data.
Hourly chart formed higher highs & lows, more to bullish, close above 61.40 for more upside.
*Classic Support & Resistance*
Resistance: 61.4 62
Support: 60.7 60.2
*Recommend Trading Plan for the day:*
1. Buy 61.40, stop 61.27, profit 61.53/61.66/61.79
*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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