On the H1 chart of WTI crude oil (XTIUSD), the current price action presents a bearish outlook. The recent downtrend is characterized by a series of lower highs and lower lows, indicating a strong sell signal. The price has been trading within a descending channel, with support at 100.86 and resistance at 103.22. The recent candlestick formation, with a long wick to the downside, suggests a strong downward momentum. The volume, although not extremely high, has been increasing, indicating a growing interest in the sell-off. This setup supports our signal to sell, as the price is likely to continue declining…

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