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willyhops
Oct 24, 2018 3:00 PM

BUY Long

U.S. DOLLAR / BRENT CRUDE OILICE

Description

BUY

Trade closed: stop reached

Comments
Pepperstone
Great idea and glad that we have the same bullish view! Prices have been hovering around the support from Feb 2017. MACD indicator recently made a bullish cross over and weekly close last week were rather bullish. RSI have been oversold for quite awhile and fundamentally, the strong draw of 10M barrels have given us confidence in our bullish bias. The price target level would be at 70.50 which is a nice overlap resistance level. Please take a look at our idea and let us know what you think.

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