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Brent Oil WTI Futures - Jan 25 (LCOc7)

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79.52 +0.66    +0.84%
24/05 - Closed. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Energy
  • Prev. Close: 78.86
  • Open: 78.75
  • Day's Range: 78.31 - 79.69
Brent Oil 79.52 +0.66 +0.84%

Brent Oil Futures Candlestick Patterns

 
Dozens of bullish and bearish live candlestick chart patterns for Brent Oil Futures and use them to predict future market behavior. The patterns are available for a variety of time frames for both long and short term investing. Gain a trading edge with the auto pattern recognition feature and gain an insight into what the patterns mean.
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Gary An
Gary An 9 hours ago
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took profit on position from 81.42 at 82.42...keeping the LP from 80.74
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FRANK FASULO
FRANK FASULO May 24, 2024 4:53PM ET
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you suck my my 8 inch. hold oil stock crash coming
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Mithun Kumar
Mithun Kumar May 24, 2024 4:08PM ET
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mithun
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Cem Sak
Cem Sak May 24, 2024 3:04PM ET
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Despite its current weakness, crude oil isn't expected to fall significantly ahead of the Organization of the Petroleum Exporting Countries' meeting on June 1, Commerzbank said in a Friday note. The survey-based estimates for OPEC production in May, due for publishing after next Friday, should generally support prices after Iraq vowed to cut its output more sharply from May onwards to compensate for excess production in the first quarter, the bank noted. If Iraq sticks to its pledge to cut production below the target of 4 million barrels per day, daily OPEC production would be about 150,000 barrels lower in May compared with April, according to a Reuters survey. A cut by Iraq would likely be a positive surprise for the market, Commerzbank said. Kazakhstan and Russia have also promised compensatory cuts to make up for previous overproduction, but figures on this are not expected to be released next week. After the OPEC+ meeting, the market is likely to shift its focus back on demand, with the U.S. summer driving season set to begin on Memorial Day weekend. There have been positive signs, with the U.S. government reporting a pick-up in gasoline demand in the run-up and reaching a new high for the year, the bank said. If this trend continues, it should support an expected medium-term recovery in oil prices, Commerzbank said.
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JOJO LOLO
JOJO LOLO May 24, 2024 2:44PM ET
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I sold one of my sp @82.07 from 82.20 and i still holding one more from 81.8
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Marky Zuckerino
MarkyZuck May 24, 2024 2:17PM ET
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soon 2 dollars up from bottom without retrace :) should have trusted the 4H hammer earlier today with more buys.
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JOJO LOLO
JOJO LOLO May 24, 2024 2:17PM ET
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Good analysis :)
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Marky Zuckerino
MarkyZuck May 24, 2024 2:17PM ET
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day traders exiting todays profits again at 21:28, very curious move! have to keep this in mind for later sessions.
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JOJO LOLO
JOJO LOLO May 24, 2024 2:17PM ET
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You said earlier today that it will tauch 82.5 and it did. Nice :)
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Marky Zuckerino
MarkyZuck May 24, 2024 2:17PM ET
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4 cents short...but it entered the 82.50 resistance zone that newfarm mentioned as well.
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JOJO LOLO
JOJO LOLO May 24, 2024 2:17PM ET
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Yes, I always enter enter 1-10 cent earlier to be sure. Good job
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Johan Karlsson
Johan Karlsson May 24, 2024 2:08PM ET
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90 summer seasson Opec meeting etc And to many bears
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Kamlesh Thadani
Kamlesh Thadani May 24, 2024 2:03PM ET
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Now
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Anders Gustavsson
Anders Gustavsson May 24, 2024 1:36PM ET
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Just imagine. That you keep turbo with 18,000 euros and it is not knocked yesterday when crude was 76.44 but today 76.41. They set up exactly to knock you and then they shoot it up, now look where we are. have no words for these manipulations.
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Marky Zuckerino
MarkyZuck May 24, 2024 1:36PM ET
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there is a huge stop loss on every single cent traded on oil and gold. so no matter where it ends, people get wiped out.
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Cem Sak
Cem Sak May 24, 2024 1:26PM ET
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;)
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