TradingView
MikoB
Apr 29, 2015 9:23 AM

Crude oil Long

Crude Oil (Brent)FXCM

Description

The oil is an bullish trend. USD is falling and America keeps stocking oil. I see a possible scenario where the price falls to around 63.60, before recovering the bullish movement too higher grounds between 65.20 - 68.30.


Update:
It came a bit early, and i wonder if it has the strenght to keep moving up without touching the lower trendline.
More