WTI OIL Sell opportunity halfway through the bearish wave.

WTI Oil (USOIL) is on a short-term bearish wave after getting rejected on the Lower Highs trend-line of January 23. As the 4H MA50 (blue trend-line) is about to form a Golden Cross with the 4H MA200 (orange trend-line), we are opening a new short-term sell targeting 74.50, right above the Higher Lows trend-line. As you see every 4H Golden Cross has been a respectable sell entry, all of which aimed ad the Higher Lows trend-line.

Tradingview link:

https://www.tradingview.com/chart/USOIL/lXLlXsUp-WTI-OIL-Sell-opportunity-halfway-through-the-bearish-wave