mehmetozgurkaragozoglu

BRENT- 4h 50 EMA just crossed 200 EMA for the first time in 4 Mo

Short
FX:UKOIL   CFDs on Crude Oil (Brent)
Let's see what we have:
50 EMA crossed below the 200 EMA

2h Chart: Sep 04, first time since May 05
3h Chart: Sep 07, first time since May 07
4h Chart: Sep 07, first time since May 18
1D Chart? 50 EMA was always below 200 EMA since January

In the 4h Chart 50 EMA crossed 200 EMA in the last hour of trading.
First time in 4 Months. If there are no unexpected news, the direction seem to be south.

Take it with a grain of salt, this market is highly risky, can go +$3 then -$3 in a few hours...


Trade active:
THE Water fall has started!
Trade closed: stop reached
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