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mehmetozgurkaragozoglu
Sep 7, 2020 5:19 AM

UKOIL BRENT Nose-dive to $32 and beyond? Short

BRENT CRUDE OILTVC

Description

After the 2h 50 EMA crossed below the 200 EMA first time since May 05, 2020,
the 3h 50 EMA crossed below the 200 EMA on Sep 04, first time since May 07, 2020.

What exactly can stop oil from going diving back to low $30's ? More cuts from OPEC?
Winter coming to the Northern Hemisphere? Miracle vaccine ?

Doubt it. Let's see...

Trade closed: stop reached

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