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WTI OIL approaching the MA50 (1d) again

Short
TVC:USOIL   CFDs on WTI Crude Oil
WTI Crude Oil is approaching the MA50 (1d) again, the 3rd time this month and fourth since May 24th.
All tests have resulted in rejections and another one may confirm the emergence of a Channel Down.
A closing above it though, targets the MA100 (1d).

Trading Plan:
1. Sell near the MA50 (1d).
2. Buy if we close a candle above it.

Targets:
1. 67.15 (previous Low).
2. 73.50 (the MA100 1d).

Tips:
1. The RSI (1d) is trading inside a Rectangle. Its bottom is a buy opportunity and top is a sell. Use this in combination to the above.

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Notes:
Past trading plan:


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