{"id":13588,"date":"2023-04-28T10:28:49","date_gmt":"2023-04-28T10:28:49","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13588"},"modified":"2023-05-22T10:30:46","modified_gmt":"2023-05-22T10:30:46","slug":"wti-oil-channel-down-extended-selling-to-72-50","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/04\/28\/wti-oil-channel-down-extended-selling-to-72-50\/","title":{"rendered":"WTI OIL Channel Down extended selling to 72.50."},"content":{"rendered":"<p>Perfect execution of our plan last Monday for WTI Oil (USOIL) as the price initially rebounded to the 4H MA50 (blue trend-line), got rejected and hit our 74.00 target:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"WTI OIL Filling the downside gap but short-term rebound.\" href=\"https:\/\/www.tradingview.com\/chart\/USOIL\/MVb0GAH9-WTI-OIL-Filling-the-downside-gap-but-short-term-rebound\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/m\/MVb0GAH9_big.png\" alt=\"WTI OIL Filling the downside gap but short-term rebound.\" \/><\/a><\/div>\n<p>That is the top of the Pivot Zone that started back in mid-December. We are now expecting a (near) test of the 1D MA50 (red trend-line) as a Resistance to see if we&#8217;ll get the rejection for bearish continuation as it happened on April 25. Our short-term target in this case is 72.50, the bottom of the Pivot Zone.<\/p>\n<p>All this is part of course to our long-term trading plan:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"WTI OIL on a triple Resistance test! Get ready for a big move.\" href=\"https:\/\/www.tradingview.com\/chart\/USOIL\/7pBKWKt8-WTI-OIL-on-a-triple-Resistance-test-Get-ready-for-a-big-move\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/7\/7pBKWKt8_big.png\" alt=\"WTI OIL on a triple Resistance test! Get ready for a big move.\" \/><\/a><\/div>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/USOIL\/AHXnVBjP-WTI-OIL-Channel-Down-extended-selling-to-72-50\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/USOIL\/AHXnVBjP-WTI-OIL-Channel-Down-extended-selling-to-72-50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Perfect execution of our plan last Monday for WTI Oil (USOIL) as the price initially rebounded to the 4H MA50 (blue trend-line), got rejected and hit our 74.00 target: That is the top of the Pivot Zone that started back in mid-December. We are now expecting a (near) test of the 1D MA50 (red trend-line)<\/p>\n","protected":false},"author":611,"featured_media":13589,"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-13588","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\/13588","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=13588"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13588\/revisions"}],"predecessor-version":[{"id":13591,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13588\/revisions\/13591"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13589"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}