Signal XTIUSD Sell — H4 - June 4, 2026 15:31 GMT-4
On the H4 timeframe for XTIUSD (WTI crude oil), the price has been in a clear downtrend since the 94.34 high, with consecutive lower highs and lows confirming bearish momentum. Recent consolidation between 90.55 and 91.06 has been rejected multiple times, indicating weak bullish attempts. The current setup shows a breakdown below key support at 90.55, with volume spikes on the 92.89 and 93.94 candles suggesting strong selling pressure. The pair is now trading near the 91.12 level, which acts as a critical resistance-turned-pivot point. The declining trendline from 94.34 to 90.55 remains intact, and the recent close below 90.55…