WTI CRUDE OIL: Massive 4H MA50 bearish breakout.

WTI Crude Oil has turned neutral again on its 1D technical outlook (RSI = 48.933, MACD = 2.900, ADX = 47.682) as it just broke with force under the 4H MA50. Every time this has taken place in the recent past, a strong downtrend followed. The last such selling sequence dropped by -23.71%. The 4H RSI is on the exact same spot as then. We are bearish, TP = 59.00.

See how our prior idea has worked out:

## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##