dresipent

USOIL - BEARISH CROSSING EMA25 and EMA50 !

Short
dresipent Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Another very bearish sign!
Comment:
Note: MA (Moving Average) not EMA (Exponential Moving Average)!
Comment:
Now a "BEARISH ENGULFING PATTERN" has formed! Downward trend confirmed !
Comment:
By the way, after "LEFT SHOULDER" and "HEAD" now we've the "RIGHT SHOULDER" at exactly the same level like the left one! And all ended with a "BEARISH ENGULFING PATTERN" which was the last step for the TREND REVERSAL to the DOWNSIDE ... $52 ahead!
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