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NearDrowning
Jun 24, 2016 2:08 PM

After Brexit Bullish Oil Trend Not Broken 

Crude Oil (WTI)FXCM

Description

If you like my Idea please click that Like button. Thanks and best of luck trading!

This structure has some similarities to the one on DXY

We will see how it will play out.
Comments
TradeAgainstDaMachine
The trend line started in February not April
NearDrowning
After trend continuation market retests current trend on older retracements. That's how I approach it.
TradeAgainstDaMachine
Interesting approach
creaker
Hi NearDrowning, thanks for the schedule, you expect growth in oil prices,
and at the same time the growth of the dollar index?
NearDrowning
Fed been really disappointing, I think Dxy will retrace back before moving higher. I'm bullish on dxy, just in the long run. This oil chart is showing a signal of dxy retracement. It might not happen, but I'm in for it.
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