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

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...
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.