{"id":13536,"date":"2023-04-18T08:46:55","date_gmt":"2023-04-18T08:46:55","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13536"},"modified":"2023-05-22T08:48:47","modified_gmt":"2023-05-22T08:48:47","slug":"wti-oil-broke-below-the-4h-ma50-sell-confirmed","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/04\/18\/wti-oil-broke-below-the-4h-ma50-sell-confirmed\/","title":{"rendered":"WTI OIL Broke below the 4H MA50. Sell confirmed."},"content":{"rendered":"<p>WTI OIL (USOIL) broke yesterday below its 4H MA50 (blue trend-line) and today upon re-testing it as a Resistance, it is currently being rejected. This is a major sell signal as since December 2022 inside the Resistance Zone, every such break-out was a confirmed sell. All prior 5 cases hit the Support Zone shortly after. Even an oversold 4H RSI doesn&#8217;t mean a bottom will be formed. As a result we are confident to keep our medium-term sells (opened last week after the price got rejected on the 1D MA200 (red trend-line)) and target 74.00.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/CL1!\/Hbvphjkk-WTI-OIL-Broke-below-the-4H-MA50-Sell-confirmed\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/CL1!\/Hbvphjkk-WTI-OIL-Broke-below-the-4H-MA50-Sell-confirmed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WTI OIL (USOIL) broke yesterday below its 4H MA50 (blue trend-line) and today upon re-testing it as a Resistance, it is currently being rejected. This is a major sell signal as since December 2022 inside the Resistance Zone, every such break-out was a confirmed sell. All prior 5 cases hit the Support Zone shortly after.<\/p>\n","protected":false},"author":611,"featured_media":13537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1638],"tags":[],"class_list":["post-13536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=13536"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13536\/revisions"}],"predecessor-version":[{"id":13539,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13536\/revisions\/13539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13537"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}