AwesomeMoMaker
Short

Brent Crude Oil - Shorting opportunity

OANDA:BCOUSD   Brent Crude Oil
Brent Crude Oil does not seem to have the support it needs to make the push higher up from the 4H chart. MACD 8H is making lower lows as well.

As long as the 4H 50 EMA holds strong as resistance, the move further down is active.

First TP is at Fib Extension 1 which is 64. If prices still aren't able to find support at that price, then sell further till 1.618 (62)
Muathe? ))
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AwesomeMoMaker 0nelinezero
@0nelinezero, Hahaha, yes I watched a few of his videos when first starting trading 3 years ago...
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