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Line a baking sheet with parchment paper, and set it aside.
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In a microwave-safe bowl, microwave candy melts for 30 seconds. Give chocolate a stir, and add in your coconut oil. Return to microwave, and heat for another 30 seconds. Stir until you obtain a smooth consistency.
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Your cookies are now ready for dipping: with the help of a spoon, dip each Oreo cookie into your candy melt mixture. Coat evenly, and place gently on your lined baking sheet.
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Decorate your cookie with googly eyes, and use red candies for the nose. Carefully snap each pretzel in half – these will act like your reindeer's antlers.
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Allow to set in refrigerator for about 10 to 15 minutes.