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Nymex WTI Crude Oil
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Nymex WTI Crude Oil Technical Analysis

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WTI technical analysis trade tips and signals. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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Nymex WTI Crude Oil - November contract
WTI Crude beat 4970/75 to hit the next target & quite strong resistance at 5050/60 but unexpectedly sustains a break above here. We have recovered all of Friday's sharp losses as we close in on Thursday's high of 5122.
Today's Analysis
11 October 2017 Updated at 00:19am GMT
WTI Crude unexpectedly beats 5050/60 with the next challenge for bulls at 5115/25 today. However this is not a strong resistance so a push higher is very possible targeting 5145/50 & 5175/80, perhaps as far as 5200/10.

First support obviously at 5060/50. Longs need stops below 5020. A move back below 5030 however sees us losing more of yesterday's gains to target minor support at 4990/80.
Technical Analysis WTI Crude