CFDs on Crude Oil (Brent)
Short
Updated

Are we heading for a nose-dive to $32 in UKOIL?

117
Last time the 2h 50 EMA was under 200 EMA was on 05 May 2020.
Now we are heading to another cross-over.

!!BUT in the 4h and 1D charts 50 EMA is comfortably over 200 EMA!!

But this is interesting. if it crosses over for the first time in 4 months,
we might have a good old waterfall...

As always, do the research, I might be very, very wrong...
Trade active
As of 04 Sep 2020 2h 50 EMA is below 200 EMA, first time since 05 May 2020.
So lets see target of $32?

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