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Brent Oil Futures - Dec 24 (LCOZ4)

Real-time derived
Symbol
Exchange
Currency
LCODerivedUSD
BRRTSc1MoscowUSD
LCOc1ICEUSD
LCOc2ICEUSD
LCOc3ICEUSD
LCOc4ICEUSD
LCOc5ICEUSD
LCOc6ICEUSD
LCOc7ICEUSD
Currency in USD
Disclaimer
73.95
+0.26(+0.35%)
Real-time Data

Brent Oil Futures Discussions

Gm all. So this is how price is treating this support- Being demanding for how I want to see price act at support levels I am wanting to see a more solid visit with these lines than the brief foray down we just saw..... : https://invst.ly/3v-56
Oh to be very clear- I always draw lines on full candle bodies- but do note- that body limit is highly defined by the period selected- so this is how candlestick charting is highly related the MA's and why I can never bother with MA to chart and trade while another trader may use MA and not pay so much attention to candlestick bodies. DM- I trade shadows all the time- I buy or sell the spikes but do so knowing that they are forays past S/R I KNOW exists and I do so having a very good ideal of how much past lines I anticipate volatility to proceed. S/R lines are broken all the time- a spike past may be a real move- trade on "confirmation"..
I also need confirmations before taking position. This time, anyway, the long shadow can be red as a rejection of the support, so I've bet a little amount. If confirmed (price above 50 mon or tue) we can see a Morningstar and I'll raise the position. If not, SL at 47.5
i understand. so here on weekly you took the last 3 lows and drawn this trendline. you could also take the last 4, then we are in a trendbreak to the south. but i think i understand what you do with the bodies etc. thanks for your time!
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