WTI CRUDE OIL Sell signal under the 1day MA50

WTI Crude Oil / USOIL has tested and held the 1day MA50 for two straight days.

Today's volatile candle though suggests that one more test is possible and the last time we saw this pattern was in late April 2024.

The two patterns have similar 1day RSI fractals, so the sell trigger here is the 1day MA50.

If we cross under it, sell and target Support B at 69.00.

Previous chart:

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