WTI OIL Long term Channel Down holding

WTI Oil is trading inside a Channel Down since late July, completing 6 months of a structured downtrend.
Every technical decline has been following a similar pattern, dropping -22% and -25% respectively.
Right now the price is on the last counter trend rise before the final decline starts.

Trading Plan:
1. Sell on the spot as every MA100 1D rejection has been bearish.

Targets:
1. 65.00 (marginally above a measured -22% decline).

Tips:
1. The price is a strong sell every time the RSI 1D approaches the 60.00 level.

Successful trade on this pattern:


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