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VFX-Vincent
Dec 4, 2018 11:07 AM

Brexit+Oil Trade Short

British Pound / Norwegian KroneFOREX.com

Description

In all likelihood given the current FA Brexit is doomed to fail in parliament. Meanwhile Oil has been given a resurgence with Russia and Saudi's pledging to cut production. Qatar has pulled out of OPEC chasing LNG. Perfect trade for that scenario.

Technicality's: Price below Cloud, tenkan below Kijun, Chikou is below the price, Future cloud red, Price not far from Kijun or tenkan, Tenkan, Kijun and Chikou not in the cloud nor the price.

TP Targets: 10.82, 10.59, 10.35, 10.12
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